Question

Your salary was $32,000 in 2014. It increased to $35,000 in 2015. What was the percentage increase in your salary from 2014 to 2015?

Answer 1

Answer:

Percentual increase in income= 8.57%

Explanation:

Giving the following information:

Your salary was $32,000 in 2014. It increased to $35,000 in 2015.

To calculate the percentage we need to use the following formula:

Change on income= (salary 2 - salary 1)/salary 2= 3,000/35,000= 0.0857*100= 8.57%