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28 January, 18:43

Many us employess received a 3% raise in 2012 suppose an employee made 47,000 in 2011 and received a 3% raise. What did she make In 2012 show two different ways to answer the question

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  1. 28 January, 22:16
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    First lets get 3% into decimal form.

    3% is 3/100 = 0.03

    Now multiply 0.03 by 47000 to get how much extra money she was going to get.

    47000 * 0.03 = 1410

    Now we just add

    47000 + 1410 = 48410 is what she was going to make in 2012

    Another way to do this is

    (47000) (1+0.03) = 48410

    you would use (1+0.03) which tells you she increased in pay.
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