A person earns 23,000 one year and gets a 5% raise in salary. Calculate the new yearly salary using a percent greater than 100

1 answer
Question:

A person earns 23,000 one year and gets a 5% raise in salary. Calculate the new yearly salary using a percent greater than 100

Answers

Answer:24,150Step-by-step explanation:Given that :Salary earned this year = 23,000Percentage Raise in salary for the new year = 5%The new yearly salary can be obtained thus ;(100% + percentage raise in salary) * salary earned this year(100% + 5%) * 23,000105% * 230001.05 * 2300024,150

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