Brain bought a used car for $3500. A month later he sold the car for $3000, a loss of $500. His selling price was approximately
what % of the original cost of the car?
1 answer:
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Answer:
The percentage increase in salary of employee is 7.14 %
Step-by-step explanation:
Given as :
The initial pay of employee = $35,000 per year
The increase pay of employee = $37,500 per year
Let The percentage increase in salary = X %
So, X = × 100
Or, X = × 100
Or, X = × 100
∴ X = 0.0714 × 100 = 7.14 %
Hence The percentage increase in salary of employee is 7.14 % Answer