Question

An employee makes $10.51 per hour but is getting a 3% increase. What is his new wage per hour to the nearest cent?

Answer 1

First, we find 3% of $10.51.

`0.03\cdot10.51=0.32`

Then, we add this increase to $10.51.

`10.51+0.32=10.83`

Hence, the new wage per hour is $10.83.