Question

(A) a bank teller‘s hourly wage will increase from $25 to $28.60. What percent increase does this represent? ( round to the nearest percent)

Answer 1

The initial wage is $25, and the new increased wage is 28.60.

So, the percent of increase is calculated as follows:

`\begin{gathered} \text{percent}=\frac{new\text{ wage-initial wage}}{\text{ initial wage}}\cdot100 \\ =(28.60-25)/(25)\cdot100 \\ =0.144\cdot100 \\ =14.4 \end{gathered}`

So, 14.4% percent of wage is increases.