A company offers a starting annual salary of ₹15,000 with a fixed annual increment of ₹d

MATHEMATICS · Subjective · CBSE · Mathematics · Arithmetic Progressions · Arithmetic Progressions

Problem

A company offers a starting annual salary of ₹15,000 with a fixed annual increment of ₹d. After nn years, the employee’s salary reaches ₹27,000, and the total salary drawn during these nn years is ₹1,89,000. (a) Write an equation connecting a,da, d and nn for the annual salary in the nnth year. (b) Write another equation connecting a,da, d and nn for the total salary drawn in nn years. (c) Solve the system of equations obtained in parts (a) and (b) to find the values of dd and nn. (d) Find the total salary that will be drawn in the first 1010 years under this scheme.

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