A baseball player signs a new contract that includes a guaranteed 10 percent increase in salary over his old contract, plus a performance bonus of up to $500. If he earns the maximum possible performance bonus, his new salary including bonus will be equivalent to a 12 percent increase over his old salary. Assuming he earns the full bonus, what will his total new salary be, in dollars?
Choose one:
A) 24,500 B) 25,000 C) 27,500 D) 28,000 E) 28,500
Original salary = X.   (Wanted) New salary = 1,12X.   500=0,02X.   X=25,000.   1,12*25,000=28,000.   Answer is 28,000.
<result>D</result>
A baseball player signs a new contract that includes a guaranteed 10 percent increase in salary over his old contract, plus a performance bonus of up to $500. If he earns the maximum possible performance bonus, his new salary including bonus will be equivalent to a 12 percent increase over his old salary. Assuming he earns the full bonus, what will his total new salary be, in dollars?