In one month you had both a raise and a $250 bonus for exceeding your goals by 10%. Your old paycheck gross was $2,300, with a net pay of $1,791. This month your paycheck gross was $2,711.How much was your raise?

5%
6%
6.5%
7%

Question

In one month you had both a raise and a $250 bonus for exceeding your goals by 10%. Your old paycheck gross was $2,300, with a net pay of $1,791. This month your paycheck gross was $2,711.How much was your raise?

5%
6%
6.5%
7%

anonymous · Answer

@iGreen

igreen · Answer

Month 1 Paycheck $2,300 
Month 2 Paycheck $2,711 
If you subtract them you get $411. $250 of that was a bonus, So the pay raise was actually 411 - 250 = $161.
 
So your actual salary check was $2,462.

$161/$2300 = 7%