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91Ó°ÊÓ

Employee A had an annual salary of 42,000 dollar Employee \(B\) had an annual salary of 48,000 dollar and Employee \(\mathrm{C}\) had an annual salary of 46,000 dollar before each employee was given a \(5 \%\) raise. Which of the three employees' annual salaries is now the highest? Explain how you arrived at your answer.

Short Answer

Expert verified
The salary of Employee B is the highest after the 5% raise, assuming that the calculated new salaries for Employee A, B and C are accurate.

Step by step solution

01

Calculate the Increase for Employee A

First, identify the original salary of Employee A which is $42000. Calculate 5% of this amount by multiplying 42000 by 0.05. The result is the increment in salary. Add this to the original salary to find out the new salary for Employee A.
02

Calculate the Increase for Employee B

Next, proceed with the same method for Employee B. His original salary is $48000. Calculate 5% of 48000, which is the increase in salary for Employee B. Add this increase to the original salary to get the new salary.
03

Calculate the Increase for Employee C

Lastly, for Employee C, the original salary is $46000. Find out 5% of this salary and add it to the original salary. This gives us the new salary for Employee C.
04

Compare the Salaries

Compare the three newly calculated salaries for Employees A, B and C, and identify the highest one.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Percentage Calculation
Understanding percentage calculation is a fundamental skill that allows us to determine what a certain fraction of a whole is. For example, when you hear that something is reduced by 25%, it means that it is 25% less than the original amount. To calculate a percentage, you multiply the original value by the percentage (expressed as a decimal value). For instance, to find 5% of a number, you multiply it by 0.05. This foundational prealgebra concept is useful in a wide range of real-world scenarios, such as calculating discounts, interest rates, and yes, salary raises.

Using percentages, we can easily compare increases or decreases across different values. While the percentage might be consistent (like a 5% salary raise), the actual impact in terms of real numbers can differ, especially if the original values are not the same. This highlights the importance of looking beyond percentages and understanding the actual numbers involved.
Salary Raise Computation
Computing a salary raise based on a percentage involves a straightforward mathematical operation. When an employee receives a salary raise of a certain percentage, you calculate the actual amount of the raise by multiplying the current salary by the percentage expressed as a decimal. Then, you add the result to the initial salary to find the new salary. For example, if an employee earning \(42,000 receives a 5% raise:

\begin{align*} \text{Raise amount} &= \text{Original Salary} \times \text{Percentage as a decimal} \ &= \)42,000 \times 0.05 \ &= \(2,100. \text{New Salary} &= \text{Original Salary} + \text{Raise amount} \ &= \)42,000 + \(2,100 \ &= \)44,100.\text{

Apply the same method to compute new salaries after the raises for other employees and compare them to determine who has the highest salary post-raise.}
Comparing Numbers
Comparing numbers is a core mathematical concept that includes identifying which of a set of numbers is the largest or smallest, arranging numbers in ascending or descending order, or determining equality. In real-world terms, comparing numbers can help us decide the best deal, the most efficient option, or as in our case, which employee has the highest salary after a raise.

To effectively compare numbers, align their places value by value, and start comparing from the highest place value to the lowest. For example, when comparing whole numbers like salaries, you would compare the tens of thousands, then the thousands, and so on. In many situations, especially involving percentages and finances, having a clear understanding of how to compare numbers accurately is crucial for making informed decisions.
Prealgebra Concepts
Prealgebra serves as the groundwork for building mathematical understanding that is necessary for algebra and beyond. It includes concepts such as operations with whole numbers, decimals, fractions, and the basics of geometry. Working through problems using these prealgebra concepts provides the tools for solving more complex equations in the future.

The concepts of percentage and number comparison fall under prealgebra and are critical for students to master before moving on to algebra. These topics are not only essential academically but are also incredibly practical. They are frequently applied in calculating finances, such as determining changes in wages, which is what our salary raise problem entails. By mastering these foundational concepts, students can approach more intricate mathematical problems with confidence and a solid understanding.

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Most popular questions from this chapter

a.Write a proportion in which the product of the means and the product of the extremes is 60 b. Using different numbers than you used in part (a), write another proportion in which the product of the means and the product of the extremes is \(60 .\)

a. Is the following statement true or false? "Multiplying a number by a percent always decreases the number." b. If the statement in part (a) is false, give an example to show that it is false.

During the 2010 baseball season, Johan Santana gave up 66 earned runs and pitched 199 innings for the New York Mets. To calculate Johan Santana's ERA, let \(x=\) the number of earned runs for every nine innings pitched. Then write a proportion and solve it for \(x\). $$\begin{aligned}\frac{66 \text { earned runs }}{199 \text { innings }} &=\frac{x}{9 \text { innings }} \\ 66 \cdot 9 &=199 \cdot x \\\594 &=199 x \\\\\frac{594}{199} &=\frac{199 x}{199} \\\2.98 & \approx x\end{aligned}$$ During the 2008 baseball season, Roy Halladay of the Toronto Blue Jays pitched 246 innings and gave up 76 earned runs. During the 2009 season, he gave up 74 earned runs and pitched 239 innings. During which season was Halladay's ERA lower? How much lower?

For \(\frac{1}{4} \%\), the percent ratio is the ratio \(\frac{\frac{1}{4}}{100}\). Which of the following fractions is equivalent to this ratio? (i) \(\frac{1}{25}\) (ii) \(\frac{1}{400}\) (iii) \(\frac{25}{1}\)

Each of three employees earned an annual salary of 45,000 dollar before Employce A was given a \(3 \%\) raise, Employee B was given a \(6 \%\) raise, and Employee C was given a \(4.5 \%\) raise. Which of the three employees now has the highest annual salary? Explain how you arrived at your answer.

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