Question

Rosas monthly salary is $162.50. Her company told her she will be getting a raise of 6.5% of her current salary. What is her monthly salary after the raise

Answer 1

$173.06

Explanation:

Think of "her new monthly salary" as the sum of "her monthly salary plus a 6.5% increase. Multiplying "her monthly salary" by 1.065 will produce a result that includes both the original monthly salary and the increase:

1.065($162.50) = $173.06