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An employee’s annual salary was increased $15,000. If her new annual

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An employee’s annual salary was increased $15,000. If her new annual [#permalink]

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

A. 15%
B. 162⁄3%
C. 20%
D. 22%
E. 24%
[Reveal] Spoiler: OA

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Re: An employee’s annual salary was increased $15,000. If her new annual [#permalink]

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New post 11 Jan 2016, 06:40
New annual salary = $90,000
Salary increase = $15,000.
Original salary = $90,000 - $15,000.
= $75,000

%Increase = ($15,000/ $75,000 )*100
=20%
Hence C.

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Re: An employee’s annual salary was increased $15,000. If her new annual [#permalink]

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New post 11 Jan 2016, 10:10
Initial salary is $75000=$90000-$15000

Final salary is $90000

Percent Increase=(Final-Initial/Initial)*100;

Hence: (90-75/75)*100=20%

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Re: An employee’s annual salary was increased $15,000. If her new annual [#permalink]

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New post 11 Jan 2016, 19:37
90000-15000 = 70000 original salary

Percentage change = (15000/75000)*100 = 20

Ans: C

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Re: An employee’s annual salary was increased $15,000. If her new annual [#permalink]

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New post 18 Apr 2017, 00:28
Option C

Change in Salary = 15,000$

Salary before change = 90,000 - 15,000 = 75,000$

% Change = 15,000*100/75,000 = 20%
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Re: An employee’s annual salary was increased $15,000. If her new annual [#permalink]

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New post 17 May 2017, 13:41
An employee’s annual salary was increased $15,000. If her new annual salary now equals $90,000, what was the percent increase?

A. 15%
B. 162⁄3%
C. 20%
D. 22%
E. 24%

Let old salary be = x
Salary increased = $15000
New salary = x + 15000 = $90000
x = 90000 - 15000 = $75000
Change in salary = $15000
Percentage increase = Change / Initial salary x 100 = \(\frac{15000}{75000}\) x 100 = 20%
Answer C...

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Re: An employee’s annual salary was increased $15,000. If her new annual [#permalink]

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New post 05 Sep 2017, 13:28
Bunuel - I don't know if it is just me (apparently, I am the only one asking this question, so might as well just be me...lol) but shouldn't there be a preposition (e.g., by) before the number $15000? The reason why I ask is because I tried to understand what that 15000 meant. For e.g., there is a big difference between:

1. An employee’s annual salary was increased from $15,000. (This is how I understood)

and

2. An employee’s annual salary was increased by $15,000. (Clearly, this is how it is to be understood)

I don't know if this way of interpretation (without a preposition) is implicit and is it to be understood that the increase was by $15000.

Just asking! :)

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Re: An employee’s annual salary was increased $15,000. If her new annual   [#permalink] 05 Sep 2017, 13:28
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