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Seema has joined a new Company after the completion of her B.Tech from a reputed engineering college in Chennai. She saves 10% of her income in each of the first three months of her service and for every subsequent month, her savings are Rs. 50 more than the savings of the immediate previous month. If her joining income was Rs. 3000, her total savings from the start of the service will be Rs. 11400 in:?
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Seema has joined a new Company after the completion of her B.Tech from...
Solution:

Given data:
- Seema saves 10% of her income in each of the first three months.
- For every subsequent month, her savings are Rs. 50 more than the savings of the immediate previous month.
- Seema's joining income was Rs. 3000.

Calculation:
- Seema saves 10% of her income in the first three months:
Month 1: 10% of Rs. 3000 = Rs. 300
Month 2: 10% of Rs. 3000 = Rs. 300
Month 3: 10% of Rs. 3000 = Rs. 300
- From the fourth month onwards, her savings increase by Rs. 50 each month:
Month 4: Rs. 300 + Rs. 50 = Rs. 350
Month 5: Rs. 350 + Rs. 50 = Rs. 400
Month 6: Rs. 400 + Rs. 50 = Rs. 450
Month 7: Rs. 450 + Rs. 50 = Rs. 500
Month 8: Rs. 500 + Rs. 50 = Rs. 550
Month 9: Rs. 550 + Rs. 50 = Rs. 600
Month 10: Rs. 600 + Rs. 50 = Rs. 650
Month 11: Rs. 650 + Rs. 50 = Rs. 700
Month 12: Rs. 700 + Rs. 50 = Rs. 750

Total savings:
Total savings = Rs. 300 + Rs. 300 + Rs. 300 + Rs. 350 + Rs. 400 + Rs. 450 + Rs. 500 + Rs. 550 + Rs. 600 + Rs. 650 + Rs. 700 + Rs. 750
Total savings = Rs. 6450
Therefore, Seema's total savings from the start of her service will be Rs. 6450.
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Seema has joined a new Company after the completion of her B.Tech from a reputed engineering college in Chennai. She saves 10% of her income in each of the first three months of her service and for every subsequent month, her savings are Rs. 50 more than the savings of the immediate previous month. If her joining income was Rs. 3000, her total savings from the start of the service will be Rs. 11400 in:?
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Seema has joined a new Company after the completion of her B.Tech from a reputed engineering college in Chennai. She saves 10% of her income in each of the first three months of her service and for every subsequent month, her savings are Rs. 50 more than the savings of the immediate previous month. If her joining income was Rs. 3000, her total savings from the start of the service will be Rs. 11400 in:? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Seema has joined a new Company after the completion of her B.Tech from a reputed engineering college in Chennai. She saves 10% of her income in each of the first three months of her service and for every subsequent month, her savings are Rs. 50 more than the savings of the immediate previous month. If her joining income was Rs. 3000, her total savings from the start of the service will be Rs. 11400 in:? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Seema has joined a new Company after the completion of her B.Tech from a reputed engineering college in Chennai. She saves 10% of her income in each of the first three months of her service and for every subsequent month, her savings are Rs. 50 more than the savings of the immediate previous month. If her joining income was Rs. 3000, her total savings from the start of the service will be Rs. 11400 in:?.
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