UPSKILL MATH PLUS
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Offer B is better than offer A.
Offer A is better than offer B.
The hiring manager of a company hired two people with the offers given below:
Person 1: A Rs.22000 salary with a guaranteed 2\(\%\) hike every year after the completion of \(2\) years.
Person 2: A Rs.25000 salary with a guaranteed 4\(\%\) hike every year after the completion of \(2\) years.
1. What are the salaries of person 1 and person 2 at the end of 4 years?
Person 1's salary \(=\) \(Rs.\)
Person 2's salary \(=\) \(Rs.\)
[Note: Reduce the answer obtained to the nearest whole number.]
2. After all the calculations, which offer is better than the other?
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