SOLUTION: A company gives raises once a year. Sally's current salary is 25,000. Her boss would like to increase it to 30,000. What percent of a raise is her boss giving her?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: A company gives raises once a year. Sally's current salary is 25,000. Her boss would like to increase it to 30,000. What percent of a raise is her boss giving her?      Log On


   

Question 203618: A company gives raises once a year. Sally's current salary is 25,000. Her boss would like to increase it to 30,000. What percent of a raise is her boss giving her?
Answer by Earlsdon(6294) About Me  (Show Source):
You can put this solution on YOUR website!
To find the percentage of increase, subtract the old from the new and divide by the old then multiply by 100 to get the percentage.
In this problem:
%28%2830000-25000%29%2F25000%29%2A100+=+%285000%2F25000%29%2A100 = %280.2%29%2A%28100%29+=+20%