Understand the Problem
The question appears to be related to salary calculations based on provided data, including basic salary, HRA, DA, total salary for two years, and bonuses. It involves extracting or calculating specific figures from the table.
Answer
The Total Salaries and percentage increases for employees are calculated accurately, showing various growths in compensation based on the table provided.
Answer for screen readers
The calculations yield the following Total Salaries and percentage increases for the employees:
- Shirome: Year 1 Total Salary = 5950, Year 2 Total Salary = 7150, % Increase = 20.16%
- Somya: Year 1 Total Salary = 7700, Year 2 Total Salary = 7900, % Increase = 2.59%
- Tanya: Year 1 Total Salary = 8740, Year 2 Total Salary = 10540, % Increase = 17.07%
- Aziz: Year 1 Total Salary = 4900, Year 2 Total Salary = 6600, % Increase = 34.6%
- Arjun: Year 1 Total Salary = 9660, Year 2 Total Salary = 11160, % Increase = 15.5%
- Kushagra: Year 1 Total Salary = 11080, Year 2 Total Salary = 13080, % Increase = 18.05%
Steps to Solve
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Identify Components of Total Salary Calculation To calculate the total salary for each employee, we need to consider the Basic Salary, HRA, and DA. The formula for Total Salary is: $$ \text{Total Salary} = \text{Basic} + \text{HRA} + \text{DA} $$
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Calculate HRA and DA Calculate the HRA and DA for each employee based on their Basic Salary and the percentage specified. The HRA is calculated as: $$ \text{HRA} = \text{Basic} \times \left(\frac{\text{HRA %}}{100}\right) $$ The DA is provided directly in the table.
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Complete the Total Salary Calculation Using the calculated values of HRA and the given DA, substitute these values back into the total salary equation for verification.
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Validate Total Salary for Year 1 and Year 2 Ensure that the calculated total salary matches the provided total salary for each employee. If not, recheck calculations.
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Calculate the Percentage Increase To find the percentage increase from Year 1 to Year 2, use the formula: $$ % \text{ Increase} = \left( \frac{\text{Total Salary (Year 2)} - \text{Total Salary (Year 1)}}{\text{Total Salary (Year 1)}} \right) \times 100 $$
The calculations yield the following Total Salaries and percentage increases for the employees:
- Shirome: Year 1 Total Salary = 5950, Year 2 Total Salary = 7150, % Increase = 20.16%
- Somya: Year 1 Total Salary = 7700, Year 2 Total Salary = 7900, % Increase = 2.59%
- Tanya: Year 1 Total Salary = 8740, Year 2 Total Salary = 10540, % Increase = 17.07%
- Aziz: Year 1 Total Salary = 4900, Year 2 Total Salary = 6600, % Increase = 34.6%
- Arjun: Year 1 Total Salary = 9660, Year 2 Total Salary = 11160, % Increase = 15.5%
- Kushagra: Year 1 Total Salary = 11080, Year 2 Total Salary = 13080, % Increase = 18.05%
More Information
The total salary calculations included basic salary, HRA (based on a percentage), and DA. The percentage increase reflects the salary growth from the first to the second year, showcasing how employee compensation can change over time.
Tips
- Miscalculating HRA: Ensure that the percentage for HRA is applied to the Basic Salary accurately.
- Forgetting to include DA: Some may overlook adding DA to the total salary calculation.
- Incorrect percentage increase calculation: Remember to always compare Year 2 to Year 1 correctly.
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