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What is a raise?
It literally means an increase in price.
How is the raise calculated?
The increment rate is added to the number 100 and the result is divided by 100. When the result is multiplied by the normal price, an increased price is obtained. For example, if there is a 10% increase in the price of a good whose sales price is USD 500, the new price will be determined as 500 x (100 + 10) / 100 = 500 x 1.1 = USD 550.
How is the raise rate calculated?
The price increase is divided by the normal price and multiplied by 100. Subsequently, the rate of increase is calculated by subtracting the number 100 from the result obtained. For example, if the price of a commodity with a raise price of USD 550 before the increase is USD 500, the increase rate will be calculated as (550/500) x 100 - 100 = 10 (ie 10%).
How is the normal price calculated from the price increase?
The increased price is multiplied by 100 and the result is divided by the addition of the increase rate to 100. For example, a price of USD 550 after a 10% raise is calculated as 550 x 100 / (100 + 10) = USD 500 before an increase is made.
How much is 10 percent raise?
For example, if a 10% increase is made to a person who gets a salary of USD 2,000, the raise amount will be 2000 x 10/100 = USD 200. In other words, the salary of an employee who receives a 10% raise in his / her salary will be calculated as 2000 + 200 = USD 2200.