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ok, you know when they say

in year 1996 the net income for such and such a family was $43,000 and now in 2007, it has risen to $60,000 (i just made up that statistic)

by how much percent did it raise? questions like those! how do i calculate to figure out that answer? what are the steps? please!!! i'm eager to know!!!!

2007-10-02 14:04:08 · 6 answers · asked by Anonymous in Science & Mathematics Mathematics

if you think i'm trying to cheat for homework, you can makeup the numbers. but show the steps. thank you!

2007-10-02 14:06:16 · update #1

6 answers

The answer first. It's gone up by 39.5 percent.
To do it, you divide 60000/43000. You'll get 1.395....
then multiply X 100 to get 139.5....
60K is 139.5 percent of the 43 thousand dollar salary. Subtract 100 from the 139.5 to get the difference between the old and new pay. 139.5 - 100= 39.5. That's how much it went up.

2007-10-02 14:18:47 · answer #1 · answered by nitr0bike 4 · 0 0

The equation can be stated as this: The percent of the original income is increased by a % X such that,
43000*(1+X)=60000

If the income went from 60000 to 43000, you could say it decreased by a % X such that,
60000(1-X)=43000

So if you had a 25% pay decrease from 60000, you would have
60000*(1-0.25)=60000*0.75=45000

2007-10-02 21:19:17 · answer #2 · answered by Drew C 1 · 0 0

divide the net income in 2007 and the net income of 1996 and multiply by 100, then subtract by 100 to get the percentage

[($60000/$43000)*100]-100=39.53%

2007-10-02 21:39:28 · answer #3 · answered by criselda 3 · 0 0

1) Get the difference (or the increase from 1996 to 2007)
60,000 - 43,000 = 17,000

2) Divide the difference by the current income (2007)
17,000 / 60,000
= 0.2833
= 28.33%

2007-10-02 21:12:18 · answer #4 · answered by edith p 3 · 0 0

1.) take the difference between the two. (60-43=17)
2.) then you can work it out as a fraction to find a percentage.
(17/43 = X/100)
3.) X=39.535 so it increased by 39.535%

2007-10-02 21:13:01 · answer #5 · answered by Anonymous · 0 0

60000 MINUS 43000 = 17000 DIVIDED BY 43000 =.395348 OR 39.5348 INCREASE TO CHECK MULTIPLY 1.395348 TIMES 43000= 59999.964 OR NEARLY 60000 SO WAGES HAVE RISEN BY 39.5348. THE ACTUAL INCREASE IS 39.5348837

2007-10-02 21:14:58 · answer #6 · answered by Loren S 7 · 0 0

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