Question

Frank earns 52,200 one year and receive an 8% raise in salary. what's his new salary

Answer 1

If Frank has an yearly salary of $52,200 and gets a raise of 8%, we should just calculate 8% of this value and add to his salary. To calculate 8% we just need to multiply by 8 and divide by 100, in other words, multiply by 0.08.

$52200\times\frac{8}{100}=4176$

Adding his raise to his yearly salary we have:

$52200+4176=56376$

Frank now receives $56,376 a year.