Posted by Odessa on Monday, October 20, 2008 at 5:39pm.
First - What percent is the new salary of the old salary?
100 * (84/12) = 700% Now that was not the question. The question was how much was the "raise" so we subtract off the original 100% and get 600% more than the original.
It is easier to understand if you just consider a 100% raise. That is a doubling so the new is 200% of the old.
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