Question

hii please help me!!!Suppose that Family A receives a raise which is equivalent to 10% of their current monthly income. What is the family's new monthly income?$5,454$5,940$4,860$5,410

Answer 1

It is given that the current monthly income of family A is $5,400. It is also given that the family receives a raise which is equivalent to 10% of their current monthly income.

It is required to find the new monthly income based on the raise.

To do this, calculate 10% of the current income (this gives the raise), and then add it to the current income to get the new monthly income.

10% of the current monthly income is:

`10\%\; of\; 5400=(10)/(100)*5400=\$540`

This gives the raise in the income. Add this to the current monthly income:

`\$5400+\$540=\$5940`

Hence, the correct answer is $5,940.