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Primary 6 Problem Sums/Word Problems - Try FREE
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Question 1 of 4
John's monthly salary is $2000.
He spends 10% of his salary on the household, 50% of the remainder on mortgage payments and saves the rest.
Subsequently he had a pay increment.
Now, the total amount of his mortgage payments and household expenditures is still the same as before but it makes up 40% of his new salary.
What was the percentage increase in his salary?
Notes to students:
- Round your answer off to 2 decimal places