If you earn $18 and receive a pay increase of 12% how much money will you make?

1 Answer
Apr 4, 2015

The answer is $18+$2.16=$20.16

Remember: 12%12100

You should calculate 12% of 18 and add it up to 18 to find the new salary.

To calculate 12% of 18:

If you earn $100 you would receive $12 pay increase. But you earn $18 so we don't know the increase (lets call it k)

Since 12% is always 12%:

12100=k18

k=18(12100)=1812100=216100=2.16

As you can see in this step, if you want to know x percent of something, you can just multiply something with x100.

The answer is $18+$2.16=$20.16