An employee received a raise of $15,000 and now earns $90,000. What was the percent increase?
1 Answer
Dec 23, 2016
20%
Explanation:
Earlier he used to earns = $90,000 - $15,000 = $75,000.
So, on $75,000, his earning increased $15,000.
Thereby on $100, his earning increased =
= 20.
The present increase = 20%