If a salary increases from 50,000 to 55,000, what is the percentage increase?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $24.99Unlock all

Prepare for the Officer Training School (OTS) Talon Test. Study with detailed questions and explanations. Boost your confidence and ace your exam!

Multiple Choice

If a salary increases from 50,000 to 55,000, what is the percentage increase?

Explanation:
Percentage change is found by dividing the amount of increase by the original amount, then multiplying by 100. The salary rises from 50,000 to 55,000, so the increase is 5,000. 5,000 ÷ 50,000 = 0.10, and 0.10 × 100 = 10%. So the salary increased by 10 percent. For quick checks: a 5% increase would add 2,500, an 8% increase would add 4,000, and a 7% increase would add 3,500, which don’t match the actual 5,000 increase.

Percentage change is found by dividing the amount of increase by the original amount, then multiplying by 100. The salary rises from 50,000 to 55,000, so the increase is 5,000. 5,000 ÷ 50,000 = 0.10, and 0.10 × 100 = 10%. So the salary increased by 10 percent. For quick checks: a 5% increase would add 2,500, an 8% increase would add 4,000, and a 7% increase would add 3,500, which don’t match the actual 5,000 increase.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy