Question

Tom made $32,000 last year. This year he makes $36,000. Find

the percent increase in his salary.

Answer 1

12.5%

Explanation:

Percentage increase = (36000-32000)/32000 x 100% = 12.5%

Tip: use the formula: percentage increase = increase in value / original value x 100%

Answer 2

12.5%

Final amount - starting amount / starting amount

36000-32000 / 32000

=12.5%