Math

if salary increased by 10% last year and then 8% this year. and original salary was $50,000 per year. what is present salary since he has received the two raises? find the relative change between his original salary and his present salary.

overall his present salary is what % more than his original salary and his present salary is what % of his original salary. HELP

asked by JT
  1. 1.1 * 50,000 = 55,000

    1.08 * 55,000 = 59,400

    59,400/50,000 = ?

    posted by PsyDAG
  2. overall, his present salary is what % more than his original salary. and his present salary is what % of his original salary.

    posted by JT
  3. Solve last equation, get rid of the first 1, and convert to percentage.

    posted by PsyDAG

Respond to this Question

First Name

Your Answer

Similar Questions

  1. Math

    Every employee's salary at the Sunrise Software Company increases each year by 1/10 of that person's salary the previous year. A: If Martha's present annual salary is $100,000.00, what will her salary be in 2 years? B: If Aaron's
  2. Finance

    A job pays a salary of 35,000 the first year. During the next 10 years, the salary increases by 4% each year. What is the salary for the 11th year? What is the total salary over the 11 year period? (Round to the nearest cent.)
  3. Math

    Mr. Hamm's salary has increased by 250% over the past 10 years. If his original salary was $28,000 per year, what is his current salary? A) $35,000 B) $37,500 C) $70,000 D) $98,000
  4. Math

    Scott's salary decreased from $78,000 to $74,000. What is the absolute change in salary, and what is the relative change in salary. also New salary is what % less than his old salary. and New salary is what % of his old salary.
  5. PreCalculas help

    Suppose you sign a contract for an annual salary of $50,000 with a guaranteed raise of 5% each year. 1.Write your salary for the next n years as a geometric sequence in explicit form. 2.What will your salary be in year 5? 3.How
  6. math

    It is important for Bob to have a gross salary in his fifth year of at least $100,000. He is promised salary increases of 3 percent per year in the second and third years and 5 percent thereafter. What must be his starting salary
  7. GP Calculus

    Muthu started working at a company on 1 January 2002 with an initial annual salary of RM18,000. Every January, the company increased his salary by 5% of the previous year's salary. Calculate a)his annual salary, to the nearest RM,
  8. Math

    A man started to work in 1985 at an annual salary of \$8{,}000. He received a $600 raise each year. How much was his salary in 2012? Salary:
  9. Math

    Mei's salary starts at $16,000 per year with annual raises of $1500. Janet's starting salary is $19,300 with annual raises of $950. After how many years will the two women be earning the same salary?
  10. Algebra Word promblems

    Alba Tross had an annual salary of $50,000. She received a 5 percent pay cut one year followed by a 5 percent pay raise the next. a. What is Alba’s final salary? Would it be 50,000 - 5% + 5% =49.875 b. What is Alba’s final

More Similar Questions