Question

16) Your salary goes from $8.75 an hour at your present job to $16.50 an hour in your new job. What is

Answer 1

Answer:

The percent change in salary from one job to the next is 88.57%.

Step-by-step explanation:

The previous salary of per hour =  $8.75 per hour

The current salary of per hour  = $16.50 per hour

Change in the salary rate per hour  =  Current salary  -  Previous Salary

                                                             = $16.50 per hour -  $8.75 per hour

                                                             =$7.75 per hour

⇒The change in the salary per hour rate is $7.75

Now, $\textrm{Percentage Change in salary} = \frac{\textrm{Change in the rate of salary}}{\textrm{Previous Salary}} \times 100$

= $\frac{7.75}{8.75} \times 100 = 88.57$

or, the change in salary percentage is 88.57%

Hence, the percent change in salary from one job to the next is 88.57%.