The formula to calculate the 30% salary increase is:
\[ \text{30SI} = S + S \times 0.30 \]
Where:
A 30% salary increase is an increase in salary by 30% of the original amount. This is often used to calculate raises or adjustments in salary for employees. To calculate the new salary after a 30% increase, you can multiply the original salary by 1.30.
Let's assume the following:
Step 1: Calculate the increase:
\[ \text{Increase} = 50,000 \times 0.30 = 15,000 \]
Step 2: Calculate the new salary:
\[ \text{30SI} = 50,000 + 15,000 = 65,000 \]
Therefore, the new salary after a 30% increase is $65,000.
