Last year Jess earned $8.50

Question

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)
Responses

13.71%
13 point 7 1 percent

15.88%
15 point 8 8 percent

0.1371%

Answer 1

To find the percent change in Jess's hourly wages, you 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, the old value (Jess's previous hourly wage) is $8.50, and the new value (her current hourly wage) is $9.85.

1. First, calculate the difference: \[ \text{New Value} - \text{Old Value} = 9.85 - 8.50 = 1.35 \]

2. Next, calculate the percent change: \[ \text{Percent Change} = \frac{1.35}{8.50} \times 100 \]

3. Now, perform the division: \[ \frac{1.35}{8.50} \approx 0.15882 \]

4. Finally, multiply by 100 to convert to a percentage: \[ 0.15882 \times 100 \approx 15.88 \]

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

The correct response is: 15.88%.