Question

Mildred’s salary has increased from £24,600 to £25,338. By what percentage has her salary increase?

Answer 1

Answer:

The answer is 3%

Step-by-step explanation:

To find the percentage increase we use the formula

$Percentage \: change = \frac{ change}{original \: quantity} \times 100$

To find the change subtract the smaller quantity from the bigger one

From the question

original price = $24,600

Current price = $ 25,338

Change = $25,338 - $ 24,600

Change = $ 738

So the percentage increase is

$\frac{738}{24600} \times 100$

$= \frac{3}{100} \times 100$

We have the final answer as

Percentage increase = 3%

Hope this helps you