Question

After a raise Renee’s salary increased from 50000 annually to 52150. Find the percent increase

Answer 1

In order to find the percent increase, first let's calculate the absolute increase by subtracting the new and old values:

$abs\text{ }increase=52150-50000=2150$

Now, to find the percent increase, let's divide the absolute increase by the old value:

$percent\text{ }increase=\frac{abs\text{ }increase}{50000}=\frac{2150}{50000}=0.043=4.3\%$

Therefore the percent increase is 4.3%.