Question

To clarify, the problem is that in order to get their bonus they had to get 75% of a 25% increase in members since 2016. The number of members in 2016 is 105788 and the number in 2017 is 117,686. They want to know if they are right and deserves a raise, or if their boss is right and they didn't earn the raise. Answer the following: 1. Determine the increase in membership and percent increase in membership. 2. Determine the percentage of the 25% increase in membership and then decide if the bonus should be awarded. 3. Show how the boss arrived at their answer.

Answer 1

The increase in membership is 11898 and percent increase in membership is 11.247%.

The bonus will not be awarded.

Explanation:

Consider the provided information.

Part (A) Determine the increase in membership and percent increase in membership.

The number of members in 2016 is 105788 and the number in 2017 is 117,686.

That means the number of members increases are:

117,686-105,788=11,898

This can be calculated as:

`(11898)/(105788) * 100 = 11.247\%`

Hence, the increase in membership is 11898 and percent increase in membership is 11.247%.

Part (B) Determine the percentage of the 25% increase in membership and then decide if the bonus should be awarded.

The 25% increase in membership can be drawn as:

`(25)/(100) * 105788=26447`

That means 26447 new members should increase.

105788+26447=132235

Hence, there should be 132,255 members in 2017 so that they increase by 25%.

Hence, the bonus will not be awarded as the number of members in 2017 are 117,686.