Last year Jess earned $8.50 an hour at work. After a raise, she now earns $9.85 an hour. What is the percent change in her hourly wages? Round your answer to the nearest hundredth.(1 point)

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
4 hours ago

To calculate the percent change in Jess's hourly wages, we can use the formula for percent change:

\[ \text{Percent Change} = \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \times 100% \]

In this case, her old value is $8.50, and her new value is $9.85.

  1. Calculate the difference between the new and old wages:

\[ 9.85 - 8.50 = 1.35 \]

  1. Now, divide this difference by the old value:

\[ \frac{1.35}{8.50} \approx 0.1588235294 \]

  1. Multiply by 100 to convert to a percentage:

\[ 0.1588235294 \times 100 \approx 15.88235294 \]

  1. Finally, round to the nearest hundredth:

\[ 15.88% \]

Thus, the percent change in Jess's hourly wages is approximately 15.88%.