Question
\( 1< \) A person earns \( \$ 25,100 \) one year and gets a \( 5 \% \) raise in salary. What is the new salary?
Ask by Hill John.
Mar 06,2025 16:42
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Tutor-Verified Answer
Answer
The new salary is \$26,355.
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Beyond the Answer
To find the new salary after a 5% raise, you can start by calculating the amount of the raise. Multiply the current salary (\$25,100) by the raise percentage (5% or 0.05):
\[
\text{Raise} = 25,100 \times 0.05 = 1,255
\]
Then, add this raise to the original salary:
\[
\text{New Salary} = 25,100 + 1,255 = 26,355
\]
So, the new salary is \$26,355.
Now go celebrate that raise!
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