This problem involves calculating the ratio of initial salaries of two employees, X and Y, after their salaries undergo a series of percentage changes (increases and decreases).
Let the initial salary of employee X be \(S_X\).
Let the initial salary of employee Y be \(S_Y\).
The problem states that their final salaries are equal. Therefore:
Final Salary of X = Final Salary of Y
\(1.008 \times S_X = 0.968 \times S_Y\)
To find the ratio of the initial salary of X to the initial salary of Y (\(S_X : S_Y\)), we rearrange the equation:
\(\frac{S_X}{S_Y} = \frac{0.968}{1.008}\)
Now, we simplify this fraction. We can remove the decimal points by multiplying the numerator and denominator by 1000:
\(\frac{S_X}{S_Y} = \frac{968}{1008}\)
To simplify further, we find the greatest common divisor or divide by common factors. Both numbers are divisible by 8:
So, the simplified ratio is:
\(\frac{S_X}{S_Y} = \frac{121}{126}\)
Therefore, the ratio of the initial salary of X to the initial salary of Y was 121 : 126.
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