An employee’s annual salary was increased Rs. 15,000. If her new annual salary now equals Rs. 90,000 what was the percent increase?
An employee’s annual salary was increased Rs. 15,000. If her new annual salary now equals Rs. 90,000 what was the percent increase?
Explanation
New annual salary = $90,000
Salary increase = $15,000.
Original salary = $90,000 - $15,000.
= $75,000
%Increase = ($15,000/ $75,000 )*100
=20%