Question

Earl Miller receives an annual salary of $30,000. Today, his boss, Jay, informs him he will be getting a $3,500 raise. What percent of his old salary is the $3,500 raise? Round answer to nearest hundredth percent.

Answer 1

11.67%

You can get this by dividing the raise by the original amount.

Answer 2

Answer:11.67%

Explanation:

Given : Earl Miller receives an annual salary of $30,000.

Today, his boss, Jay, informs him he will be getting a $3,500 raise.

The percent of his old salary is the $3,500 raise :-

`(3500)/(30000)*100\%\\\\=11.6666666667\%\approx11.67\%\ \ ( \text{Rounded to nearest hundredth percent.})`

Hence, the $3,500 raise is about 11.67% of his old salary.