Question

Amy earns £10.00 per hour. She gets a raise, and her new hourly rate is £11.50. What is the percentage change in her hourly rate?

Answer 1

The percentage change in the Amy’s hourly rate is 15 %.

Solution:

Given, Amy earns £10.00 per hour.

She gets a raise, and her new hourly rate is £11.50

We have to find what is the percentage change in her hourly rate?

The percentage change is given as:

`\text { Percentage change }=\frac{\text { change in the value }}{\text { original value }} * 100 \%`

Here original value = 10

Final value = 11.50

Change in value = Final value – Original value

Change in value = 11.50 – 10 = 1.5

Plugging in the values in formula we get,

`\begin{array}{l}{\text { Percentage change }=(1.5)/(10) * 100 \%} \\\\ {=1.5 * 10 \%=15 \%}\end{array}`

Hence, the percentage change in the Amy’s hourly rate is 15 %.

Answer 2

Answer: 15%

Explanation:

% change = change/ actual value x 100

Change = 11 .50 - 10 = 1.5

Therefore % change = 1.5/10 x 100

= 15%