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suppose you begin teaching grade school in your hometown with an annual salary of $57,000. after five years, you receive a raise with a new salary of $71000. find both the absolute and the relative (percentage)
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suppose you begin teaching grade school in your hometown with an annual salary of $57,000. after five years, you receive a raise with a new salary of $71000. find both the absolute and the relative (percentage) change in your salary

User Lesmana
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Subtracting $57000 from $71000 produces the absolute change in salary and is $14000.

Comparing this change to the original salary produces the relative change:

$14000
------------ = 0.246. This is equivalent to 24.6%.
$57000

User Toshkuuu
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