Question

You are recruiting for a position that now pays $11.00 per hour.You expect that you will need to increase the pay rate by 12% to attract enough candidates.What is the new pay rate?

A) $11.00
B) $12.32
C) $13.13
D)$14.35

Answer 1

The answer is "B) $12.32".

Step-by-step explanation:

your pay = $11.00 per hour

increase in pay rate = 12% = 0.12

new pay rate = ?

increase in pay = $11.00 per hour x 0.12

= $1.32

Now, new pay rate = $11.00 + $1.32

= $12.32