Question

An assistant receives a wage of $16.24 per hour this amount is 112% of last year's wage what is the dollar increase in the hourly wage over last year use proportion method

Answer 1

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Answer:

$1.74

Explanation:

The ratio of the increase to this year's wage is ...

12%/112% = x/$16.24

Multiplying by $16.24, we have ...

x = $16.24(12/112) = $1.74

The dollar amount of the wage increase is $1.74.