Question

A person earns ​$23,600 one year and gets a​ 5% raise in salary. What is the new​ salary?

Answer 1

5% more is 105% in total, including the the 100% we start with, so:

23,600 * 1.05 = 24780

Answer 2

24780

Explanation:

might not be right but 24780 because 23600*5% is 1180 and add that to the original 23600 to get 24780