Answer:
Hello!
The formula for percentage increase is:
Percent Increase = {( New Value - Old Value) / Old Value × 100}
Substitute = {( 566.60 - 550) / 550 × 100]
Solve:
566.60 - 550 = 16.6
16.6 / 550 = 0.0301818182
0.0301818182 × 100 = 3.0181818182
You may round that to 3.1%
So, Mr. Dawkins' salary increased by about 3.1%
Step-by-step explanation:
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