Question

Azmol is paid £1500 per month. He is going to get a 3% increase in the amount of money he is paid. Work out how much money Azmol will be paid per month after the increase.

Answer 1

Answer:

So if he's paid £1500 and he's getting an increase of 3%, we only need to calculate the 3% of 1500 and then add it what he's paid now (£1500)

To calculate the x% of a number, we multiply the number by $\frac{x}{100}$%.

So, if we want to calculate the 3%, we need to multiply by $\frac{3}{100}$%, by 0.03:

1500 * 0.03 = £45

So now, we know he'll be paid £45 more than the last month, so we sum what he got before (£1500) plus those £45.

1500 + 45 = £1545