/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q. 109 Tamanika got a raise in her hour... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

Tamanika got a raise in her hourly pay, from \(15.50 to \)17.36. Find the percent increase.

Short Answer

Expert verified

Tamanika got a raise of 12% in her hourly pay.

Step by step solution

01

Step. 1 Given Information

Tamanika has been payed hourly and her payment increased from $15.50 to $17.36. Now we have to calculate the percentage increase to help her find how much profit she will gain from this increase.

02

Step. 2 Percentage calculation

The formula to calculate percentage is:

TotalprofitIncome×100%=Newincome-OldincomeOldincome×100%.

Therefore,

Percent increase will be:

=17.36-15.5015.50×100%=1.8615.50×100%=0.12×100%=12%.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91Ó°ÊÓ!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Study anywhere. Anytime. Across all devices.