Can you help me pleaseAt the end of your first year , you receive a $3,000 per year raise Using your starting salary, Calculate the percent of change between your new salary and your starting salary

Respuesta :

To start with

Let us write out the given parameters

[tex]\text{Pay rise= \$3,000}[/tex]

Now, let us imagine that the starting salary is x

Therefore, the new salary after the pay rise will be

[tex]3000+x[/tex]

Using the formula to calculate the percentage change, we will have

[tex]\begin{gathered} \text{percentage change=}\frac{change\text{ in amount}}{starting\text{ amount}}\times100\text{ \%} \\ or \\ \text{percentage change=}\frac{\text{pay rise}}{starting\text{ amount}}\times100\text{ \%} \end{gathered}[/tex]

Computing the values, we will have

[tex]\text{Percentage change=}\frac{3000}{x}\times100\text{ \%}[/tex]

Thus, we will have

[tex]\begin{gathered} \text{percentage change=}\frac{300000}{x}\text{\%} \\ \\ \text{where x= starting salary} \end{gathered}[/tex]