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