From previously received a monthly salary of $1,375.00, Your new monthly salary increase by six percent would be $1,457.50.
What is the percentage?
A percentage is a minimum number or ratio that is measured by a fraction of 100.
You previously received a monthly salary of $1,375.00
Now by economic expansion, causing wages to increase by 6%
Increment of the salary = 6% of 1,375.00
= 6/100 × 1,375
= 0.06 × 1,375
= $82.50
So, your new monthly salary would be = $1,375.00 + $82.50
= $1,457.50
Hence, your new monthly salary would be $1,457.50.
Learn more about percentages;
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