Question
Max earns £18000 a year he gets a 3.5% pay rise how much more does max earn per month
Answer
Max's new monthly salary is £1552.5.
- Calculate the amount of pay rise. A:Increase=(3.5/100)*18000 = 630.
- Calculate the new annual salary. A:New salary=Old salary + Increase = 18000+630 = 18630.
- Calculate the new monthly salary. A:New monthly salary = New salary/12 = 18630/12 = 1552.5.