25. Five marks exercise problems III

A man joined a company as Assistant Manager. The company gave him a starting salary of $₹60,000$ and agreed to increase it by $5\%$ annually. What will be his salary after $5$ years?

 

Answer:

 

Salary after $5$ years $=$ $₹$

 

[Note: Round off the salary to the whole number and insert your answer without a comma.]