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
-
A.
N828.00 -
B.
N756.00 -
C.
N720.00 -
D.
N684.00
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