Question

After a raise Renee’s salary increased from 50000 annually to 52150. Find the percent increase

Answer 1

In order to find the percent increase, first let's calculate the absolute increase by subtracting the new and old values:

`abs\text{ }increase=52150-50000=2150`

Now, to find the percent increase, let's divide the absolute increase by the old value:

`percent\text{ }increase=\frac{abs\text{ }increase}{50000}=(2150)/(50000)=0.043=4.3\%`

Therefore the percent increase is 4.3%.