Answer:
Carpenter wages = 103
Explanation:
The current price is : 2000
The wages of the carpenter in 2000 is 5%:
5/100 × 2000 = 100
But the price was increased from 2000 by 3%
2000 + ( 2000 × 3/100)
= 2000 + (20 × 3)
= 2000 + 60
= 2060
Now 5% in 2060 is :
= 5/100 × 2060
= 0.5 × 206
= 103
The new carpenter wages is 103.
