For example, if someone got a raise in salary and they were getting paid 80,000 and are now getting paid 85,000 how can you work out what percentage their raise was?
[Math] Getting percentage difference between two numbers
percentages
percentages
For example, if someone got a raise in salary and they were getting paid 80,000 and are now getting paid 85,000 how can you work out what percentage their raise was?
Best Answer
Percentage change : 100 % times the (Fractional change )
Fractional change : $\frac{85000-80000}{80000}$=$\frac{5000}{80000}$=$\dfrac{1}{16}$
Percentage change : $100\cdot\dfrac{1}{16}$% = $\dfrac{25}{4}$% = $6.25$%