Question

Carrie earns $43200 one year and then receives an 8% raise in salary. What is carrie’s new salary?

Answer 1

Initial salary =43,200

Raise = 8%

so her final salary would be:

43,200 * 108% = 46,656

Answer 2

Initial salary = $ 43200

Raise = 8%

8% of 43200 = 8/100 x 43200

= 8 x 432

= $ 3456

Final salary = 43200 + 3456

= $ 46656

Hope this helps!