Question 1159708: A teacher earns $25,000 a year and receives a 5% cost of living increase in salary with $275 merit increase. His salary increases
by Answer by mananth(16946) (Show Source):
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A teacher earns $25,000 a year and receives a 5% cost of living increase in salary
25000*(5/100) = 1250
with $275 merit increase.
Total = 1250+275 = 1325
His salary increases
by
(75/1325)*100
5.67%