SOLUTION: a man gets a rise of 10% in salary at the end of his first year of service, and further rise of 20% and 25% at the end of the second and third years respectively, the rise in each
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-> SOLUTION: a man gets a rise of 10% in salary at the end of his first year of service, and further rise of 20% and 25% at the end of the second and third years respectively, the rise in each
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Question 1103610: a man gets a rise of 10% in salary at the end of his first year of service, and further rise of 20% and 25% at the end of the second and third years respectively, the rise in each case being calculated on his salary at the beginning of the year. to what annual percentage increase is this equivalent? Answer by richwmiller(17219) (Show Source):
