Multiply current salary with percentage of increment. The key to setting up this type of problem is to think of percent increase as 100 of last years salary plus 5 of last years salary Heres the word equation. Find the percentage change in your salary The example starts with a 40000 salary.
Then add the result with current salary.
Pay raise calculator to calculate the amount of raise after a percentage increase with your current salary. To calculate the difference as a percentage we subtract this months value from last months and then divide the result by last months value. In order to turn the increase amount into a percentage you must. 50000 50000 20 100 50000 50000 02 50000 10000 60000.