Question

Joyce Workman receives an annual salary of $70,000. Today her boss informed her that she would receive a $5,000 raise. What percent of her old salary is the $5,000 raise? Round to nearest hundredth percent. Helping daughter with math and im lost HELP PLEASE

Answer 1

you divide 5,000 by 70,000 to get


5,000/70,000 = 0.07142857 (this is approximate)

then multiply 0.07142857 by 100 to convert over to a percentage: 0.07142857*100 = 7.142857%

Rounding to the nearest hundredth: 7.142857% ---> 7.14%

Answer 2

So this is an 7.14% increase