Question

Malcolm got his first job. His wage in his first year was $12.50 an hour. In year 2, it was raised to $13.20 an hour. What was the percent increase in his hourly wage between year 1 and year 2?

Answer 1

Answer:

8%

Step-by-step explanation:

Find the difference between the initial and final values

In this case, a man's hourly wage increased from $12.50 to $13.50. The difference between the hourly wages is $13.50 - $12.50 = $1.00.

Divide the difference by the initial value

$12.50 is the initial hourly wage

[$1.00 ÷ $12.50] = 0.08

Convert the quotient to a percentage

0.08 x 100 = 8%

The man's hourly wage increased by 8%.

Answer 2

Answer:

5.6%

Step-by-step explanation: