Question

I was earning $47,000 per year until she received a 7% raise at the start of 2019. What will her new salary be? Write a proportion and show how you solved.

Answer 1

$50,290

Explanation:

I was earning $47,000 per year until she received a 7% raise at the start of 2019.

Step 1

We find how much 7% raise is

Hence,

7 % of $47,000

= 7/100 × $47,000

= $3290

What will her new salary be?

Her new salary is calculated as:

Last year's salary + 7% raise

= $47,000 + $3290

= $50,290

Her new salary is $50,290