Ram gets an employment of $200 in month with an annual increment of $50.What does he earn in 10 years? Find his salary at the 11th year.?

1 Answer
Nov 26, 2017

Ram earns $240,050 in 10 years and $264,050 in 11 years.

Explanation:

The equation of this problem would be f(x) = 200x + 50
x = month
200 = $200 per month
50 = $50 per year ($50 per 12 months)

To find out how much Ram earns in 10 years, we have to multiply 10 with 12 to find out how many months are in 10 years.
10*12 = 120
Then, you substitute the x in f(x) = 200x + 50 with 120
f(120) = 200(120) + 50
f(120) = 240,000 +50
f(120) = 240,050
Therefore, Ram earns $240,050 in 10 years.

To find out how much Ram earns in 11 years, we have to multiply 11 with 12 to find out how many months are in 11 years.
11*12 = 132
Then, you substitute the x in f(x) = 200x + 50 with 132
f(132) = 200(132) + 50
f(132) = 264,000 +50
f(132) = 264,050
Therefore, Ram earns $264,050 in 11 years.