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A company increased the salary of its employees by 15%. If an employee's current salary is $2000, what will be the new salary after the increase?

Practice Questions

1 question
Q1
A company increased the salary of its employees by 15%. If an employee's current salary is $2000, what will be the new salary after the increase?
  1. $2200
  2. $2300
  3. $2400
  4. $2500

Questions & Step-by-step Solutions

1 item
Q
Q: A company increased the salary of its employees by 15%. If an employee's current salary is $2000, what will be the new salary after the increase?
Solution: New salary = Current salary + (15% of Current salary) = 2000 + (0.15 * 2000) = 2000 + 300 = 2300.
Steps: 6

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