Question

A man accepts a new job at a decrease in salary of 10%. If a year later, he gets an increase of 25% in his new job, what is the net effect in comparison to his salary on the old job? Please EXPLAIN.

Answer 1

Let's say he earns $100 a year at his old job

If he takes a 10% paycut, then what is the new salary?

Answer 2

What is a paycut?

Answer 3

a reduction in pay

Answer 4

90 right?

Answer 5

correct

Answer 6

now increase that by 25%

Answer 7

112.5?

Answer 8

good

Answer 9

Is that the answer?

Answer 10

not there yet

Answer 11

now compare 112.5 with 100

Answer 12

first subtract: 112.5 - 100 = 12.5

then divide by the original 100: 12.5/100 = 0.125 = 12.5%

Answer 13

Compare? Subtract?

Answer 14

so in the end, he has a 12.5% pay raise

Answer 15

Oh. I get it now. Thank you ^___^

Answer 16

no problem