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A man's initial salary is ₦540.00 a month and increases after each period of si...


Question

A man's initial salary is ₦540.00 a month and increases after each period of six months by ₦36.oo a month. Find his salary in the eighth month of the third year

Options

A) ₦828.00

B) ₦756.00

C) ₦720.00

D) ₦684.00

The correct answer is C.

Explanation:

Initial salary = ₦540
increment = ₦36 (every 6 months)
Period of increment = 2 yrs and 6 months
amount(increment) = ₦36 x 5 = ₦180
The man's new salary = ₦540 = ₦180
= ₦720.00

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Dicussion (1)

  • Initial salary = ₦540
    increment = ₦36 (every 6 months)
    Period of increment = 2 yrs and 6 months
    amount(increment) = ₦36 x 5 = ₦180
    The man's new salary = ₦540 = ₦180
    = ₦720.00