Post-UTME Mathematics 2011 Objective — Question 4
Question 4 of 9 from the Post-UTME Screening (Post-UTME) Mathematics 2011 Objective paper, with the correct answer and a full explanation.
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A worker's present salary is N24,000 per annum. His annual increment is 10% of his salary. What would be his annual salary at the beginning of the third year?
- A. N28,800
- B. N29,040Correct
- C. N31,200
- D. N31,944
Explanation
24000 × (1.10)² = 24000 × 1.21 = N29,040 (printed in the source with a likely digit typo).
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