Question

Matthew songs and employee had put Putnam investment receiving annual salary of $120,000 today his boss and for him that he will receive a 3,200 raise what percent was his old salary is the $3,200

Answer 1

2.67% is the answer!! hope that helps.

Answer 2

To calculate the percentage increase in Matthew's salary due to the $3,200 raise, you can use the following formula:

Percentage Increase = (Increase Amount / Old Salary) * 100

In this case, the increase amount is $3,200, and the old salary was $120,000. Plug these values into the formula:

Percentage Increase = ($3,200 / $120,000) * 100

Percentage Increase = (0.02667) * 100

Percentage Increase ≈ 2.67%

So, Matthew's old salary was approximately 2.67% of $120,000.