Pay rise
Most pay rises are given in percentages.
Example
Anne earns \(\pounds780\) per month. She gets a pay rise of \(3.8\%\). Find her new annual pay. (Annual means per year).
Answer
First, find her original annual pay.
Annual Pay \(= \pounds780 \times 12 = \pounds9360\)
Then work out the pay rise.
Pay rise \(= 3.8\%\) of \(\pounds9360 = \pounds355.68\)
New Pay Per Year \(= \pounds9360 + \pounds355.68\)
New Annual Pay \(= \pounds9715.68\)
