Question

Mark earns a salary of £28000 per annum. At the end of the on increase first year he is given he is of 3%.. At end of the second given an increase of 2.5%. Work out Mark's salary at the end of the two years.​

Answer 1

£27839

Explanation:

O×M=N (original x multiplier = original value)

£28000×0.97%=£27160< 1st year decrease

£27160x1.025=£27839<2nd year increase