Salary Calculation
1. **Stating the problem:**
You currently earn 50000 before tax. Next year, you will get a 10% raise, but 3% of your new salary will be contributed to a saving scheme.
2. **Formula for salary increase:**
If your current salary is $S$, and the raise is $r\%$, the new salary $S_{new}$ is given by:
$$S_{new} = S \times (1 + \frac{r}{100})$$
3. **Calculate the new salary:**
$$S_{new} = 50000 \times (1 + \frac{10}{100}) = 50000 \times 1.10 = 55000$$
4. **Calculate the saving scheme contribution:**
3% of the new salary is contributed, so:
$$Contribution = 55000 \times \frac{3}{100} = 1650$$
5. **Calculate the salary after contribution:**
$$Salary_{after} = S_{new} - Contribution = 55000 - 1650 = 53350$$
**Final answer:** Your salary after the 10% raise and 3% saving contribution will be **53350**.