Question

If a person get 10 percent increase in his salary ,if his salary is 50000 what is his new salary

Answer 1

Given :

• If a person get 10 % increase in his salary .

• if his salary is 50000

To Find :

• what is his new salary

Solution :

Let the salary be x

According to the Question :

New salary is x + 10%x

Substitute all values :

$: \implies \: \: \sf \: \: \: \: \: 50000 + 10\%\: \times 50000 \\ \\ \\ : \implies \: \: \sf \: \: \: \: \: 50000 +10 \times \frac{50000}{100} \\ \\ \\ : \implies \: \: \sf \: \: \: \: \:50000 + 5000 \\ \\ \\ : \implies \: \: \sf \: \: \: \: \: 55000$

• Hence the new salary is 55000 ₹

Answer 2

If an individual receives a 10% increase in their salary, and their current salary is $50,000, their new salary would be calculated as follows:

$50,000 * 10% = $5,000

So, the person's new salary would be $50,000 + $5,000 = $55,000.

It is important to note that a 10% increase means that the person is receiving an additional 10% of their current salary. In this case, $50,000 * 10% = $5,000. The new salary, which is their current salary plus the increase, would be $50,000 + $5,000 = $55,000.

It's also important to keep in mind that salary increases can be a great way for employees to grow their income and build financial stability. However, it's important to carefully consider the long-term impact of any salary increase and to think about how it will affect your overall financial goals and plans. This may include saving for retirement, paying off debt, or building an emergency fund.

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