Sally is a sales manager. She makes $73,000 a year. Sally has worked hard all year and receives a 6% raise. How much will Sally make next year?

1 Answer
May 13, 2017

#$ 77,380#

Explanation:

First we need to convert #%6# to a fraction, we can convert any percent number to a fraction by dividing by #100#, doing this we get #%6 = 6/100 = 0.06#

We can now find #%6# of the salary and add it to the original salary to calculate the raise:

#0.06 * 73000 = 4380#
#4380 + 73000 = 77380#

Alternatively we can simply multiply #73000# with #1.06#
#73000 * 1.06 = 77380#