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A worker received a 10% pay increase in 2017 and a further 10% pay increase in 2018 - OCR - GCSE Maths - Question 19 - 2021 - Paper 1

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A worker received a 10% pay increase in 2017 and a further 10% pay increase in 2018. The worker says Over these two years, my pay increased by 10% + 10% = 20%. The... show full transcript

Worked Solution & Example Answer:A worker received a 10% pay increase in 2017 and a further 10% pay increase in 2018 - OCR - GCSE Maths - Question 19 - 2021 - Paper 1

Step 1

Calculate the new salary after the first increase

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Answer

Let the initial salary be represented as SS. After the first 10% increase in 2017, the new salary will be:

S2017=S+0.1S=1.1SS_{2017} = S + 0.1S = 1.1S

Step 2

Calculate the new salary after the second increase

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Answer

In 2018, the worker receives another 10% increase based on the new salary from 2017. So, the salary after the second increase is:

S2018=S2017+0.1S2017=1.1S+0.1(1.1S)=1.1S+0.11S=1.21SS_{2018} = S_{2017} + 0.1S_{2017} = 1.1S + 0.1(1.1S) = 1.1S + 0.11S = 1.21S

Step 3

Determine the total percentage increase

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Answer

To find the total percentage increase over the original salary SS, we first find the new salary:

extTotalIncrease=S2018S=1.21SS=0.21S ext{Total Increase} = S_{2018} - S = 1.21S - S = 0.21S

Next, we convert this into a percentage of the original salary:

ext{Percentage Increase} = rac{0.21S}{S} imes 100 ext{%} = 21 ext{%}

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