Zahir, after joining to a new job, received a 10% Raise each year for 4 consecutive years. If his salary after the 4th raise is Tk. 4,392.30, what was his starting salary?

Created: 7 years ago | Updated: 3 weeks ago

Updated: 3 weeks ago

Tk. 3,150

Tk. 3,200

Tk. 3, 280

Tk. 3,000

None of these

Trust Bank Ltd Trust Bank Ltd - Asst. Executive Officer - 24.12.2010 গণিত শতকরা (Percentage) সমীকরণের প্রয়োগ (Application of Equation)

Des

576

Best Ans:

Here r= 10%=0.1

n =4 year

C = 4392.3 tk

We know,

C = p( 1+r)ⁿ

=> 4392.30 =p (1+0.1)⁴

=> p = 4392.30/ 1.4641

=>p = 3000

2 years ago

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Md Masum Billah

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