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A man’s initial salary is N540.00 a month and increases after each period of six…

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

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