Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage Increase/Decrease
Inflation Adjustment
Consumer Price Index (CPI)
Formulas
Net salary = Gross salary × (1 - Tax rate)
CPI increase = (New CPI - Old CPI) / Old CPI × 100
Real salary change = Nominal net salary change - CPI change
Theorems
-
Suitable Grade Level
Grades 10-12
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