Hi all Could anyone please help me with this question? My doubt is: Here, it is written that the person aged 45 on 1 Oct, 2003 and he has earned 40,000 over the previous year. It means that it is the salary which he has earned between 1 oct, 2002 and 1 oct, 2003. But it is also mentioned that salary increases on 1 jan each year. Then how can it be constant i.e. 40,000 between 1 oct,2002 and 1 oct, 2003? Shouldn't be it have increased on 1 jan, 2003? Pls reply asap. Thank you.
Hi Bharti, It's not a constant. If he earned £40,000 over the previous year then this will have been 1/4 * salary until pay rise + 3/4 salary after pay rise. Good luck! John