Question

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?

Answer 1

`$ 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`