Lucas took a pay cut of 2% If he was previously earning 36,500 per year, what is his new annual salary?

Question

Lucas took a pay cut of 2%  If he was previously earning 36,500 per year, what is his new annual salary?

anonymous · Answer

$36,500\times .02$

phi · Answer

When people say "took a pay cut of 2%"  they mean take 2% off the salary
So 36500 - 2% of 36500

phi · Answer

You would write this as
36500 - 0.02*36500   (change 2% to 2/100  or 0.02 (as a decimal)

phi · Answer

You could also write this as 36500(1-0.02)  (factor out 36500) and simplify to
36500*0.98

So the new salary is 98% of the old salary.

anonymous · Answer

i stilll dont under stand

phi · Answer

phi · Answer

But can you answer this:  what is 2% of 36500?

anonymous · Answer

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