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18 January, 08:47

Steve received a raise in his annual salary, from

$32,500

to

$34,000

. Find the percent increase.

Round your answer to the nearest tenth of a percent.

Do NOT round until you have calculated the final answer.

+4
Answers (1)
  1. 18 January, 09:55
    0
    4.6%

    Step-by-step explanation:

    To find the percent increase subtract the new value by the original value then divide by the original.

    34000 - 32500 = 1500

    1500/32500 = 0.046

    Multiply by 100 for the percent.

    0.046*100 = 4.6%
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