jmc

Question

Ana's monthly salary was 2000 in May. In June she received a 20% raise. In July she received a 20% pay cut. After the two changes in June and July, Ana's monthly salary was

Accepted Answer

Notice that a 20% raise translates to Ana's monthly salary multiplied by (100 + 10)% = 120%, and a 20% pay cut translates to her salary multiplied by 100% - 20% = 80%, so 2000 120% = 2400 2400 80% = 1920 1920 dollars