After a promotion, Gwen's annual salary was increased by 7.8% to R450000. Determine his monthly salary and the monthly increas he will be getting
His monthly salary will be:
R450000/12 = R37500.
The old monthly salary was:
R37500/1.078 = R34786.64
The monthly increase he will be getting is:
37500 - 34786.64 = R2713.36.
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