Question

The Coyotes pay their aging kicker $725,000 a year. He agrees to a 15% pay cut. What is his new salary?

Answer 1

616,250

Explanation:

15 percent of 752,000 is 108,750.

752,000 minus 108,750 is 616,250.

Thats your answer

Answer 2

Given:

Coyotes pay their aging kicker $725,000 a year.

He agrees to a 15% pay cut.

To find:

His new salary.

Solution:

Annual salary before pay cut = $725,000

Annual salary after pay cut =
`725,000-(15)/(100)* 725,000`

`=725,000-15* 7250`

`=725,000-108,750`

`=616,250`

So, monthly new income is

`(616,250)/(12)\approx 51354.167`

Therefore, his new salary is $51,354.167 per month.