If the gross salary for first year is Rs. 45000 and an employee has two options to choose from for increment .Either he can opt for 4% yearly increase or Rs. 25000/- yearly increase on the gross salary. If an employee choose the first option, after how many years his salary will be more than the option two ?  Choose one.
A) 15 years B) 16 years C) 17 years D) 18 years E) 19 years
if initial annual gross salary = Rs. 450000/-   check when   450000+25000*n = 450*(1+4/100)^n   After 18 years   ANSWER:18 years
<result>D</result>
If the gross salary for first year is Rs. 45000 and an employee has two options to choose from for increment .Either he can opt for 4% yearly increase or Rs. 25000/- yearly increase on the gross salary. If an employee choose the first option, after how many years his salary will be more than the option two ?