Form 1 Mathematics
Amaya was paid an initial salary of Ksh 180 000 per annum with a fixed annual increment. Bundi was paid an initial salary of Ksh 150000 per annum with a
10% increment compounded annually.
(a) Given that Amaya's annual salary in the 11th year was Ksh 288 000, determine: (i) his annual increment;
(ii) the total amount of money Amaya earned during the 11 years.
(b) Determine Bundi's monthly earnings, correct to the nearest shilling, during the eleventh year.
(c) Determine, correct to the nearest shilling:
(i) the total amount of money Bundi earned during the 11 years.
Related Questions and Answers on Commercial Arithmetic I
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