An employees annual salary was increased Tk. 15,000. If her new annual salary now equals Tk. 90,000, what was the percent increase?

An employee's annual salary was increased Tk. 15,000. If her new annual salary now equals Tk. 90,000, what was the percent increase?

An employee's annual salary was increased Tk. 15,000. If her new annual salary now equals Tk. 90,000, what was the percent increase? ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

15%

22%

24%

20%

0 1

Best Answer Explained in Below-:

To find the percent increase, you can use the following formula:Percent Increase = [(New Value - Old Value) / Old Value] * 100In this case:Old Annual Salary = Tk. 90,000 - Tk. 15,000 = Tk. 75,000 New Annual Salary = Tk. 90,000Now, calculate the percent increase:Percent Increase = [(90,000 - 75,000) / 75,000] * 100Percent Increase = (15,000 / 75,000) * 100Percent Increase = (1/5) * 100Percent Increase = 20%So, the percent increase in the employee's annual salary is 20%.

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