Posted by Aleah on Wednesday, July 15, 2009 at 6:32pm.
Allen was earning $30,000 working for a small business. The business had a bad year, and Allen was asked to take a 10% cut in pay with the assurance that he would receive a 10% increase in salary the following year. If Allen agreed, what would be his salary in 2 years?

math  Ms. Sue, Wednesday, July 15, 2009 at 6:49pm
OK. Aleah and all of your aliases  it's your turn now. How do you think you should solve this problem?
Please post what you think  and we'll be glad to check it.

math  Aleah, Wednesday, July 15, 2009 at 6:56pm
30000*10%= 3000
300003000=27000
30000+10%=33000
30000+20%=36000
In two years, his salary will be $36,000.

math  Ms. Sue, Wednesday, July 15, 2009 at 7:00pm
That's a good try.
However, you need to use his reduced salary as a base.
27,000 * 1.1 = 29,700 the first year
29,700 * 1.1 = 32,670

math  Aleah, Wednesday, July 15, 2009 at 7:07pm
Thanks!

math  Ms. Sue, Wednesday, July 15, 2009 at 7:22pm
You're welcome.

math  Maria, Monday, March 7, 2016 at 10:46am
$9 per hour, but now she makes 150% of that amount.
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