Solve the problem.
-Jennifer's annual salary increased from $\$ 28,000$ to $\$ 43,000$ 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) $53.6 \%$
B) $34.9 \%$
C) $5.4 \%$
D) $0.5 \%$

Question

Quizplus · Accepted Answer

The percent increase in Jennifer's salary is calculated by the formula: $\frac{New Salary - Old Salary}{Old Salary} \times 100$. Substituting the given values, we get $\frac{43000 - 28000}{28000} \times 100 = \frac{15000}{28000} \times 100 = 53.5714...$, which rounds to $53.6\%$.

Solve the Problem $28,000\$ 28,000$28,000 To $43,000\$ 43,000$43,000 Over the Last Five Years

Solve the Problem $\$ 28,000$ To $\$ 43,000$ Over the Last Five Years