SOLUTION: In 2014, the median salary nationwide for a high school teacher was $56,310 per year. The median annual wage for all workers was $35,540. SOURCE: United States. Department of L

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: In 2014, the median salary nationwide for a high school teacher was $56,310 per year. The median annual wage for all workers was $35,540. SOURCE: United States. Department of L      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1083674: In 2014, the median salary nationwide for a high school teacher was $56,310 per year. The median annual wage for all workers was $35,540.
SOURCE: United States. Department of Labor. "High School Teachers." Occupational Outlook Handbook. 17 Dec. 2015. Web. 7 March 2016.
Suppose a worker makes $35,000 in wages per year. Find the percent increase in salary the worker can expect if he trains to be a teacher and can expect to earn a salary of $49,000. Round your answer to the nearest tenth of a percent.

%

Answer by KMST(5328) About Me  (Show Source):
You can put this solution on YOUR website!
The increase is $49,000 - $35,000 = $14,000.
As a fraction of the original salary the increase is
14000%2F35000=14%2F35=2%2F5=0.4=40%2F100 .
For every 100 the worker earned before,
there will be an increase of 40 on becoming a teacher.
That is 40% exactly.
To the nearest tenth of a percentage point, it is
highlight%28%2240.0%25%22%29 .