Question

Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)

Answer 1

the percentage is 14.79%

Step-by-step explanation:

The computation of the percentage is shown below:

= Raise salary ÷ annual salary

= $5,500 ÷ $37,200

= 14.79%

Hence, the percentage is 14.79%

We simply applied the above formula so that the correct percentage could arrive