Question

Chef Antonio works at a Latin restaurant and doing a great job. During his yearly evaluation, the owner increased his salary from $42,500 to $46,000. What is the percent of increase, to the nearest whole percent, in Chef Antonio's salary?

Answer 1

8%

Explanation:

To find the percent change, we first have to find the amount changed, which is (46000-42500) = 3500. Then, we find what percentage that is of the original amount. Remember that when calculating percentage change, it's important to calculate change with respect to the initial value.

To find the percentage, we can divide 3500 by 42500, and multiply that by 100, resulting in 8 being our nearest whole percent