Formula for working out my pay rise as a %

[kaw69]

Hi
Can you please help me with the formula to my pay rise as a %
is it
old salary over new salary divided by 100 over 1 or diff. combinations
Old salary was �27600
New salary is �30000
thanks

[THECORBYLOON]

It's the (difference between the two amounts) divided by (the old amount) X 100% so-

(30,000-27,600)/27,600 X 100 %

=2,400/27,000 X 100%

= 8.87 %

[helpmetoo]

mmmm

not quite

simplest is divide 30,000 (new) by 27,600 (old)
= 1.0869565
= 8.695 %

[kempie]

It should be pointed out that TCL's methodology is correct but was derailed by a typo midway through the calculation (27,000 instead of 27,600) which otherwise would have resulted in the aforementioned 8.695%.

[kaw69]

Thanks much appreciated, it is a 2 year deal but I`m not complaining as it`s well above inflation. Hope Gordon Brown isn`t looking.

[Stevie13]

30,000 - 27, 600 = 2,400

2,400 / 27,600 x 100 = 8.695%

Your rise this year was 8.7 % to 1 decimal place

That is an excellent raise you must be doing a great job !!