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04-03-2021
Business

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Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)

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andromache andromache

08-03-2021

Answer:

the percentage is 14.79%

Explanation:

The computation of the percentage is shown below:

= Raise salary ÷ annual salary

= $5,500 ÷ $37,200

= 14.79%

Hence, the percentage is 14.79%

We simply applied the above formula so that the correct percentage could arrive

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