. Clint's salary increased from $20,000 to $28,000 over a three-year period. Helen's salary increased from $25,000 to $35,000 over the same period. Whose salary increased more in absolute terms? In relative terms?
1 Answer
Jan 30, 2017
While in absolute terms, Helen's salary increased more, in relative terms their salary increases were same.
Explanation:
As Clint's salary increased from
in absolute terms increase was
and in relative terms, it was
And Helen's salary increased from
in absolute terms increase was
and in relative terms, it was
Hence, while in absolute terms, Helen's salary increased more, in relative terms their salary increases were same.