Question

After one year on the job, Grady got a raise from $15.50 to $16.43 per hour. What was the percent increase in his hourly wage?

A. 5.98%
B. 6.00%
C. 6.06%
D. 6.10%

Answer 1

The percent increase in Grady's hourly wage is calculated by dividing the raise amount ($0.93) by the original wage ($15.50) and then multiplying by 100, resulting in a 6% increase.So, the correct option is B. 6.00%.

Step-by-step explanation:

To calculate the percent increase in Grady's hourly wage, you need to follow these steps:

1. Determine the amount of the raise by subtracting the initial wage from the new wage: $16.43 - $15.50 = $0.93.
2. Divide the amount of the raise by the original wage: $0.93 / $15.50.
3. Multiply the result by 100 to get the percentage: ($0.93 / $15.50) * 100 = 6%.

Therefore, the percentage increase in Grady's hourly wage is 6%.The percent increase in Grady's hourly wage is calculated by dividing the raise amount ($0.93) by the original wage ($15.50) and then multiplying by 100, resulting in a 6% increase.So, the correct option is B. 6.00%.