A man's initial salary is N540.00 a month and increases after each period of six months by N36.00 a month. Find his salary in the eighth month of the third year
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Correct Answer: Option C
Explanation:
Initial salary = N540
increment = N36 (every 6 months)
Period of increment = 2 yrs and 6 months
amount(increment) = N36 x 5 = N180
The man's new salary = N540 = N180
= N720.00
Initial salary = N540
increment = N36 (every 6 months)
Period of increment = 2 yrs and 6 months
amount(increment) = N36 x 5 = N180
The man's new salary = N540 = N180
= N720.00