Nate receives a raise in his salary. His manager uses the expression 1.025s to represent his new salary, where s represents his current salary. What is the percent of increase in Nate’s salary?

Respuesta :

Answer:

2.5%


Step-by-step explanation:

Percent increase is found by the formula:

Percent increase = [tex]\frac{new-old}{old}*100[/tex]

Where,

  • [tex]new[/tex] is Nate's new salary
  • [tex]old[/tex] is Nate's old salary

Given old salary is [tex]s[/tex] and new salary as [tex]1.025s[/tex], substituting in the formula gives us:

[tex]\frac{1.025s-s}{s}*100\\=\frac{0.025s}{s}*100\\=0.025*100\\=2.5[/tex]


Thus, percent of increase in Nate's salary is 2.5%

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