Solve the Problem$$\text { Iuan and Pete are hired at the same salary. Juan receives a } 10 \% \text { raise followed by an } 8 \%$$

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Examlex · Accepted Answer

The Answer is Neither. Juanʹs and Peteʹs final salaries are equal since
(y × 110%) × 108% = (y × 108%) × 110%. For example, if the original salary of each
$100,000, Juanʹs first raise will give him a salary of $110,000, while his second raise
will increase his salary to $118,800. Peteʹs first raise will give him a salary of
$108,000, while his second raise will increase his salary to $118,800. (Explanations
will vary.)

Solve the Problem $\text { Iuan and Pete are hired at the same salary. Juan receives a } 10 \% \text { raise followed by an } 8 \%$

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Correct Answer:
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