Question

Last year, Mason made an annual salary of $30,000. He worked hard and now earns $40,000 per year. What is the percent increase in his salary?

30%

25%

10%

33%

Answer 1

33% is the right answer to it.

Answer 2

33%

Explanation:

Find the increase in salary...

$40,000 - $30,000 = $10,000 increase

Find out how much % that was from his original salary...

10,000/30,000 = 0.333333333

So it was a 33.33333%, here they just rounded it down to 33%