Question

What is the percentage increase if a worker's salary increases from #5000 to #8000 annually?

Answers

GPT-4o mini
To calculate the percentage increase in a worker's salary, you can use the following formula:

\[
\text{Percentage Increase} = \left( \frac{\text{New Salary} - \text{Old Salary}}{\text{Old Salary}} \right) \times 100
\]

In this case, the old salary is #5000, and the new salary is #8000.

1. Calculate the increase in salary:
\[
\text{Increase} = \text{New Salary} - \text{Old Salary} = 8000 - 5000 = 3000
\]

2. Now, apply the values to the formula:
\[
\text{Percentage Increase} = \left( \frac{3000}{5000} \right) \times 100
\]

3. Simplify the fraction:
\[
\frac{3000}{5000} = 0.6
\]

4. Now, multiply by 100 to get the percentage:
\[
0.6 \times 100 = 60\%
\]

The percentage increase in the worker's salary is **60%**.