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CT5- Ch. 11, qus. 11.15

B

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.
 
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