SOLUTION: Jonathan earns £23,000 per year as a shop manager. His present employer offers him a pay rise of 7.5 %. But he has also been offered a new job by a different firm and the rate of p

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Jonathan earns £23,000 per year as a shop manager. His present employer offers him a pay rise of 7.5 %. But he has also been offered a new job by a different firm and the rate of p      Log On


   

Question 1021188: Jonathan earns £23,000 per year as a shop manager. His present employer offers him a pay rise of 7.5 %. But he has also been offered a new job by a different firm and the rate of pay is £25,400 per annum. Compare the two offers.
Miss/Mr I'm really stuck at this... I really don't know how should i start... Please help me with the possible explanations... Thanks
Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
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Present employer - Salary with raise:
(1.075)(£23000)=£24725
His new salary at present employer would be £24725.
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The salary offered by the different employer is more than
his current employer offers with the raise.
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