Solve the problem.
-Jennifer's annual salary increased from $20,000 to $44,000 over the last five years. Find the percent increase in her salary during this time period. Round to the nearest tenth of a percent.
A) 54.5%
B) 12.0%
C) 1.2%
D) 120.0%

Question

Quizplus · Accepted Answer

The percent increase is calculated by the formula [(New Salary - Old Salary) / Old Salary] * 100. So, [(44,000 - 20,000) / 20,000] * 100 = 120%.

Solve the Problem. -Jennifer's Annual Salary Increased from $20,000 to $44,000 Over the $44,000