Mary received a 2% salary raise on her original salary of $160,000. What is her new salary?

To find Mary's new salary after receiving a 2% raise on her original salary of $160,000, you first need to calculate the amount of the raise. This is done by taking 2% of $160,000.

To calculate 2%:

1. Convert the percentage to a decimal: 2% = 0.02.

2. Multiply this decimal by the original salary:

0.02 × $160,000 = $3,200.

Now, add this raise to the original salary to determine the new salary:

• Original salary: $160,000

• Raise: $3,200

• New salary: $160,000 + $3,200 = $163,200.

Therefore, Mary's new salary is $163,200, which corresponds with the correct answer. This method of calculation is straightforward and ensures that you accurately reflect the increase based on the original salary.