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.

Question

a. o.1371%

b. 0.1588%

c. 13.71%

d. 15.88%

Answer 1

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

Percent Change = ((New Value - Old Value) / Old Value) * 100

Using this formula, we can calculate:

Percent Change = ((9.85 - 8.50) / 8.50) * 100

Percent Change = (1.35 / 8.50) * 100

Percent Change = 0.1588 * 100

Percent Change = 15.88%

Therefore, the answer is d. 15.88%.