Question

You receive a raise in your hourly pay from $8.25 per hour to $9.25 per hour. What percent increase in pay does this represent? (Round your answer to two decimal places.)

Answer 1

12.12%

The reason why is:

$9.25 - $8.25 = $1

ie; $1/$8.25 = 0.121212121 × 100%

= 12.12%

Answer 2

Answer:

12.12%

Step-by-step explanation:

$9.25 - $8.25 = $1

ie; $1/$8.25 = 0.121212121 × 100%

= 12.12%