Question

If you’re currently making $10.50 per hour and you’re offered a new job that pays $11.75 per hour, what will be your percent of increase in pay?

Answer 1

Answer: To find the percent increase in pay, you can use the following formula:

percent increase = ((new pay - old pay)/old pay) * 100

Plugging in the values given in the question, you get:

percent increase = ((11.75 - 10.50)/10.50) * 100

= (1.25/10.50) * 100

= 0.119047619 * 100

= 11.9047619%

Therefore, the percent increase in pay is approximately 11.9%.

Explanation: