An employee’s annual salary forms an arithmetic progression

MATHEMATICS · Multi-part · CBSE · Mathematics · Arithmetic Progressions · Arithmetic Progressions

Problem

An employee’s annual salary forms an arithmetic progression. In the 12th year the salary is ₹4,30,000 and the total salary drawn during the first 12 years is ₹33,60,000. Calculate: (i) the salary in the first year (ii) the annual increment

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