Last year just earned $8.50 an hour at work after a raise. She now earns $9.85 an hour. What is the percentage change in her hourly wage Round your answer to the nearest, hundredth

Answer 1

To calculate the percentage change in Last year's hourly wage, you can use the formula:

\[ \text{Percentage Change} = \frac{\text{New Wage} - \text{Old Wage}}{\text{Old Wage}} \times 100 \]

Substituting in Last year's wages:

• Old Wage = $8.50
• New Wage = $9.85

Now, plug in the values:

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

Calculate the difference:

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

Now divide:

\[ \text{Percentage Change} \approx 0.15882 \times 100 \]

Finally, multiply by 100:

\[ \text{Percentage Change} \approx 15.88 \]

So, the percentage change in her hourly wage, rounded to the nearest hundredth, is 15.88%.