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A manager’s salary at Green Dot increased from $48,000 to $51,360. What is the rate of increase?

A manager’s salary at Green Dot increased from $48,000 to $51,360. What is the rate of increase?
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1 vote
A manager’s salary at Green Dot increased from $48,000 to $51,360. What is the rate of increase?

User Srborlongan
by
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2 Answers

3 votes
The managers increase is 7%
User David Mills
by
8.5k points
3 votes
The manager a 7% increase to his pay. The equation is just 51360-48000 divided by 48000 otherwise new-old value divided by old value
User Skynet
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