Question

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.?

Answer 1

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.