SOLUTION: An increase in wages of 6% makes the weekly wage bill of a firm $424. What is the amount of the increase?

Question 855416: An increase in wages of 6% makes the weekly wage bill of a firm $424. What is the amount of the increase?
Answer by JulietG(1812) (Show Source): You can put this solution on YOUR website!
1x + .06x = 424 [An increase in wages of 6% makes the weekly wage bill of a firm $424.]
1.06 x = 424
Divide each side by 424
x = 400
.
The original wage bill was 400. The new wage bill is 424, an increase of $24.
I hope those working are doing so well that the company's revenue increased proportionately!
RELATED QUESTIONS
An increase in wages of 8% makes the weekly wage bill of a firm $4320. What is the amount (answered by ewatrrr)

the daily wages of a man and a woman for the same work are rs100 and rs60 respectively.... (answered by josmiceli)

A employer who started a new business has promised his employees a minimum starting wage... (answered by Theo)

A paralegal makes $12 more then the assistant, their combined hourly wages add up to $38, (answered by CubeyThePenguin)

Lanre income from interest and wages is 4000 he double of 50% is wage and his income... (answered by greenestamps)

a firm hires 7 technicians and 3 apprentices for total daily wages of 820. if one... (answered by CPhill,greenestamps)

a firm hires 7 technicians and 3 apprentices for total daily wages of 820. if one... (answered by CPhill,angelatoyogon,ikleyn,josgarithmetic,greenestamps)

A proposal was made in the state senate to raise the minimum wage from $6.75 to $7.15 an... (answered by Fombitz)

in addition to an employees $300 weekly salary. management has approved a 6% pay increase (answered by fcabanski)