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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.