Question

16) Your salary goes from $8.75 an hour at your present job to $16.50 an hour in your new job. What is

the percent change in your salary from one job to the next? (4 pts)

Answer 1

The percent change in salary from one job to the next is 88.57%.

Explanation:

The previous salary of per hour = $8.75 per hour

The current salary of per hour = $16.50 per hour

Change in the salary rate per hour = Current salary - Previous Salary

= $16.50 per hour - $8.75 per hour

=$7.75 per hour

⇒The change in the salary per hour rate is $7.75

Now,
`\textrm{Percentage Change in salary}  = \frac{\textrm{Change in the rate of salary}}{\textrm{Previous Salary}}  * 100`

=
`(7.75)/(8.75)  * 100 = 88.57`

or, the change in salary percentage is 88.57%

Hence, the percent change in salary from one job to the next is 88.57%.