Question

Staples pays George Nagovsky an annual salary of $36,000. Today, George’s boss informs him that he will receive a $4,600 raise. What percent of George’s old salary is the $4,600 raise?

Note: Round to the nearest tenth percent.

Answer 1

Explanation:

To find the percentage of George's old salary that the $4,600 raise represents, we can use the formula:

(raise amount / old salary) * 100

In this case, the raise amount is $4,600 and the old salary is $36,000. Plugging in these values:

(4600 / 36000) * 100 = 12.8%

Therefore, the $4,600 raise represents approximately 12.8% of George's old salary.