Question

And employer has three employees who are each paid a salary of $1250 per month. He wants to give each of the three employees a $125 per month raise and he wants to hire an additional salaried employee. If the salary budget for these employees is $5325 per month, how much can he afford to offer the new employee?

Answer 1

$1200

Step-by-step explanation:

The three existing employees earn $1250 each. With an increase of $125, each will now earn $1,375.( $1250 + $125)

The new total for the three employees will be = $4,125

The employer has a budget of $5,325. After paying the three employees, the available balance will cater to the new employee.

The available balance will be $5,325 - $4,125

=$1200