Question 117071
Jessica is considering accepting a higher paying job. Her present salary is 40,000 per year. Her new salary will be 45,000 per year. If she accepts the new job what will be the percent increase in salary?
---------------
Quantitative Increase = 45000-40000 = 5000
Percent Increase = 5000/40000 = 5/40 = 1/8 = 12.5%
============
Cheers,
Stan H.