Five months ago, Mike earned 10 times more money than Fred. If his salary has increased by 40 percent now, and Fred's salary then was $1000, calculate Mike's salary now.
Five months ago, Mike earned ten times more money than Fred, and since Fred earned $1000, Mike earned 10*1000 = $
<gadget id="calculator">10*1000</gadget>
<output>10_000</output>
10000 more than Fred.
The total amount of money that Mike earned five months ago is $10000+$1000 = $
<gadget id="calculator">10000+1000</gadget>
<output>11_000</output>
11000.
Mikes salary has increased by 40/100*$11000 = $
<gadget id="calculator">40/100*11000</gadget>
<output>4_400</output>
4400.
Mike's current salary is $11000 +$4400 = $
<gadget id="calculator">11000+4400</gadget>
<output>15_400</output>
15400.

<result>15_400</result>