If an employee's new salary is $25305 after getting a 5% raise, what was the salary before the increase in pay?
If an employee's new salary is $25,305 after a 5 pct. raise, the employee's original salary was $24,100. Five percent of $24,100 is $1,205. Add that to $24,100 and you have $25,305. ChaCha On!
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About Salary
A salary is a form of periodic payment from an employer to an employee as specified in the employee's contract. A salary is usually a lump sum of money, which is earned over an annual basis; compared to part-time employees, which are paid per hour in most cases.
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