Description
$50,000 = total wages for 5 months. 1, 2, & 3 equal, and 4, 5 equal with a 4% increase. what is the wage in each month?
Explanation & Answer
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let the per month salary is $ x
hence first 3 month salary = x+x+x = 3x
fourth month salary 4% increase = 1.04 x
Fifth month salary = 1.04 (1.04x) = 1.0816 x
total salary received = 50000
hence 3x +1.04x +1.0816x = 50000
5.1216x = 50000
x = 9762.574 ( Salary of 1 , 2 & 3 month)
1.04x = 10153.077 (salary of 4th month)
1.0816x = 10559.2 (salary of 5th month)
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