Kuhn lam works for a company that is opening a facility in England. She is being transferred later this year. At the time of her transfer, the exchange rate is excepted to be 0.75 in other words ,1 $will only but 0.75 worth of English pounds. Linh earns 43,650 a year in the us and will receive at 15%raise after her transfer. Calculate lihn salary in English pounds after her transfer

Question

Kuhn lam works for a company that is opening a facility in England. She is being transferred later this year. At the time of her transfer, the exchange rate is excepted to be 0.75 in other words ,1 $will only but 0.75 worth of English pounds. Linh earns 43,650 a year in the us and will receive at 15%raise after her transfer. Calculate lihn salary in English pounds after her transfer

Answer 1

After her increase her US salary would be

1.15(43650) = 50197.50

now you can use a simple ratio, let her salary be £ x

.75/1 = x/50197.5
x = 37648.13

or

find her British salary first:
1/.75 = 43650/b
b = 43650(.75) = 32737.5
now increase that by 15%
salary in £ = 1.15(32737.5) = 37648.13