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:

  1. Round your answer off to 2 decimal places
The correct answer is : 37.5
%