CT5- Ch. 11, qus. 11.15

Discussion in 'CT5' started by Bharti Singla, Sep 15, 2017.

  1. Bharti Singla

    Bharti Singla Senior Member

    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.
     
  2. John Potter

    John Potter ActEd Tutor Staff Member

    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
     
    Bharti Singla and Simon James like this.

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