Answer:
2.5%
Step-by-step explanation:
Percent increase is found by the formula:
Percent increase = [tex]\frac{new-old}{old}*100[/tex]
Where,
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%