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

0.1371%
0 point 1 3 7 1 percent

0.1588%
0 point 1 5 8 8 percent

15.88%
15 point 8 8 percent

13.71%

Answer 1

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

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

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

Plugging in the values:

\[ \text{Percent Change} = \frac{9.85 - 8.50}{8.50} \times 100 \]

Calculating the numerator:

\[ 9.85 - 8.50 = 1.35 \]

Now plug that back into the formula:

\[ \text{Percent Change} = \frac{1.35}{8.50} \times 100 \]

Calculating the fraction:

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

Now multiply by 100 to convert to percent:

\[ 0.1588235294 \times 100 \approx 15.88235294 \]

Rounding to the nearest hundredth:

\[ 15.88% \]

So the percent change in Jess's hourly wages is 15.88%.