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. Employee "A" has a gross salary of $700.00 per month, and employee "B" has a gross salary equal to 93 percent of employee "A". Employee "C" has a gross salary equal to 95 percent of employee "B" plus $1.55.  What is the gross salary of employee "C"?

Question

. Employee "A" has a gross salary of 700.00permonth,andemployee"B"hasagrosssalaryequalto93percentofemployee"A".Employee"C"hasagrosssalaryequalto95percentofemployee"B"plus700.00 per month, and employee "B" has a gross salary equal to 93 percent of employee "A". Employee "C" has a gross salary equal to 95 percent of employee "B" plus 1.55.  What is the gross salary of employee "C"?

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Solution

Sure, let's break it down:

  1. Employee "B" has a gross salary equal to 93 percent of employee "A". Since employee "A" has a gross salary of 700.00permonth,wecalculate93700.00 per month, we calculate 93% of 700.00.

    0.93 * 700 = $651.00

  2. Employee "C" has a gross salary equal to 95 percent of employee "B" plus 1.55.Nowweknowthatemployee"B"earns1.55. Now we know that employee "B" earns 651.00, so we calculate 95% of 651.00andthenadd651.00 and then add 1.55.

    0.95 * 651 = 618.45618.45 618.45 + 1.55=1.55 = 620.00

So, the gross salary of employee "C" is $620.00 per month.

This problem has been solved

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