In one month you had both a raise and a $250 bonus for exceeding your goals by 10%. Your old paycheck gross was $2,300, with a net pay of $1,791. This month your paycheck gross was $2,711.How much was your raise?

5%

6%

6.5%

7%

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Below is the solution:

Backing out the bonus, we get 2711 - 250 = 2461, which is 161 more than his last check

So 161 / 2300 = 0.07, or 7%

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chisnau chisnau · Answer 2 · 2019-08-17T01:09:42-04:00

chisnau chisnau

17-08-2019

Answer:

The answer is 7%.

Step-by-step explanation:

Current month paycheck gross was = $2,711

Bonus was $250, we have the amount

$2711-250=2461$ dollars

Subtracting old paycheck gross of $2,300

$2461-2300=161$ dollars

The raise percentage is given by:

$\frac{161}{2300}\times100$ = 7%

Hence, the answer is 7%.

Answer Link

In one month you had both a raise and a $250 bonus for exceeding your goals by 10%. Your old paycheck gross was $2,300, with a net pay of $1,791. This month your paycheck gross was $2,711.How much was your raise?5%6%6.5%7%

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Related Questions

In one month you had both a raise and a $250 bonus for exceeding your goals by 10%. Your old paycheck gross was $2,300, with a net pay of $1,791. This month your paycheck gross was $2,711.How much was your raise?

5%

6%

6.5%

7%