Question

Last year a man earned 19,200. This year his salary increased to 20,736. What was the percent of his increase ?

Please show all steps

Answer 1

Last year a man earned 19,200. This year his salary increased to 20,736. What was the percent of his increase ?

Solution

Here we have to use the formula.

Percentage of increase =
`(Increase)/(Original number)  *100`

Increase in earning = 20, 736 - 19,200 = $1536

Original number = 19,200

Now plugin these values into the formula, we get

Percentage of increase =
`(1536)/(19200) *100 = (153600)/(19200) = 8`%

The answer is 8%

Hope you will understand the steps.

Thank you. :)