Question

David is paid £34000 per year.

He is going to get a 3% increase in the amount of money he is paid.
Work out how much money David will be paid per year after the
increase?

Answer 1

First we need to find out what 3% of £34000, we get this by turning the percentage to a decimal. Which would be 0.03, multiple that with £34000 and you get £1020. Add £1020 with £34000 and get £35020. After the 3% increase, David will earn £35020 per year.

Answer 2

£35020

Explanation:

34000 x 0.03 = 10200

Increase = £1020

1020 + 34000 = 35020

He will get £35020 per year