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If a woman earns $50,000 a year and receives a 10% raise, what will her new sala

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Question: If a woman earns $50,000 a year and receives a 10% raise, what will her new salary be?

Options:

  1. $55,000
  2. $52,000
  3. $60,000
  4. $50,500

Correct Answer: $55,000

Solution:

New salary = $50,000 + ($50,000 * 0.10) = $50,000 + $5,000 = $55,000.

If a woman earns $50,000 a year and receives a 10% raise, what will her new sala

Practice Questions

Q1
If a woman earns $50,000 a year and receives a 10% raise, what will her new salary be?
  1. $55,000
  2. $52,000
  3. $60,000
  4. $50,500

Questions & Step-by-Step Solutions

If a woman earns $50,000 a year and receives a 10% raise, what will her new salary be?
  • Step 1: Identify the current salary, which is $50,000.
  • Step 2: Determine the percentage raise, which is 10%.
  • Step 3: Convert the percentage raise into a decimal by dividing by 100. So, 10% becomes 0.10.
  • Step 4: Calculate the amount of the raise by multiplying the current salary by the decimal. So, $50,000 * 0.10 = $5,000.
  • Step 5: Add the raise amount to the current salary to find the new salary. So, $50,000 + $5,000 = $55,000.
  • Percentage Increase – Understanding how to calculate a percentage of a given amount and apply it to find a new total.
  • Basic Arithmetic – Performing addition and multiplication to arrive at the final answer.
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