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Solving Business-related Percentage Word problems #college
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1. An employee accepted an 8% raise on their salary of $55,000. How much was the raise?
2. A loan shark collects a fee of 25.5% from any amount borrowed. Recently, he collected a fee of $2040. What was the amount borrowed?
3. An employee received a raise of $3600 to their annual salary. If their annual salary was $45,000 what was the percentage increase to their salary?
4. Centennial Paper Company has 1200 employees. It decides to increase the amount of employees by 20%. How many new employees were hired?
5. A bicycle is on sale for 20% off. This is a discount of $44 off the original price. What was the original price?