Question

Last year a man earned 19,200. This year his salary increased to 20,736. What was the percent of his increase ?

Answer 1

Last year a man earned 19,200. This year his salary increased to 20,736. What was the percent of his increase ?

Solution

Here we have to use the formula.

Percentage of increase =$\frac{Increase}{Original number} *100$

Increase in earning = 20, 736 - 19,200 = $1536

Original number = 19,200

Now plugin these values into the formula, we get

Percentage of increase = $\frac{1536}{19200} *100 = \frac{153600}{19200} = 8$%

The answer is 8%

Hope you will understand the steps.

Thank you. :)