Select the correct answerIf the salary of an employee is first increased by 20% and the decreased by 12%, then what is the change in his salary in percent?Options5.6% increase5% decrease10 % increase7% increase
Question
Select the correct answerIf the salary of an employee is first increased by 20% and the decreased by 12%, then what is the change in his salary in percent?Options5.6% increase5% decrease10 % increase7% increase
Solution
Let's solve this step by step:
-
Let's assume the initial salary of the employee is 100 makes the calculations easier).
-
If the salary is increased by 20%, it becomes 100 + 20% of $100).
-
Now, if this 120 from 120 - 12% of 120 - 105.6.
-
So, the final salary of the employee is $105.6.
-
The change in salary from the initial amount is 100 = $5.6.
-
To express this change as a percentage of the initial salary, we divide the change by the initial salary and multiply by 100. That is (100) * 100 = 5.6%.
So, the correct answer is 5.6% increase.
Similar Questions
If the salary of an employee is first increased by 20% and the decreased by 12%, then what is the change in his salary in percent?
Select the correct answerThe salary of A is 20% lower than B’s salary and the salary of C is 56.25% greater than A’s salary. By how much percent the salary of B is less than the salary of C.Options20%33.33%50%25%
Al's salary is first increased by 25% and then decreased by 20%. The result is the same as Brian's salary increased by 20% and then reduced by 25%. What is the ratio of Brian's salary to Al's salary?13 Mark For ReviewA) B) C) D)
The number of workers working on a job increases by 50% and the number of hours they work per day increases by 20%. By what percent should the wage per hour of each worker decrease so that there is no change in the total wage bill per day?
A spends 60% of his salary and saves the remaining. His salary is increased by 25% and he increased his expenditure by 20%. By what % does his saving increase?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.