SOLUTION: David's Salarywas raised was 1st raised by 8% and after 6 months again rasised by 10% ,what is the net percent increase in his salary thanks in Advance for the help and please c

Question 644255: David's Salarywas raised was 1st raised by 8% and after 6 months again rasised by 10% ,what is the net percent increase in his salary
thanks in Advance for the help and please clarify step by step
Best Regards
Luay
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
David's Salarywas raised was 1st raised by 8% and after 6 months again rasised by 10% ,what is the net percent increase in his salary
thanks in Advance for the help and please clarify step by step
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Let initial salary be "x":
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After 1st raise it is 1.08x
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After 6 months it is 1.1(1.08x) = 1.188x
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Net percent increase is 18.8%
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Cheers,
Stan H.
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