Question

The current salaries in Sasha's department are $42,000, $32,000, $33,000, $38,000, and $50,000. Sasha wants to adjust the lowest salary up to $40,000. If Sasha gives every employee a $1,000 raise in addition to adjusting the lowest salary, Find the total cost for the increment?​

Answer 1

The total cost for the increment if Sasha gives every employee a $1,000 raise in addition to adjusting the lowest salary is $13000.

What is an equation?

An equation is an expression that shows the relationship between two or more variables and numbers.

The lowest salary is $32000, hence to increase to $40000, we need an additional $8000.

Also, giving every employee a $1,000 raise accounts for $5000 since there are 5 staff.

The total cost of increment = 8000 + 5000 = 13000

The total cost for the increment if Sasha gives every employee a $1,000 raise in addition to adjusting the lowest salary is $13000.

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