3 years ago

A person earns 23,000 one year and gets a 5% raise in salary. Calculate the new yearly salary using a percent greater than 100

Mathematics

1 answer:

Kazeer [188]3 years ago

4 0

Answer:

24,150

Step-by-step explanation:

Given that :

Salary earned this year = 23,000

Percentage Raise in salary for the new year = 5%

The new yearly salary can be obtained thus ;

(100% + percentage raise in salary) * salary earned this year

(100% + 5%) * 23,000

105% * 23000

1.05 * 23000

24,150

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