The boss gives all his employees a 7% pay rise. Paul used to earn £10 an hour.
How much does he get after the rise?
10*(1.07)
To find out how much Paul earns after the 7% pay rise, we need to calculate the amount of the raise:
1. First, convert the percentage to a decimal by dividing it by 100: 7% / 100 = 0.07.
2. Next, calculate the raise amount by multiplying Paul's original hourly wage (£10) by the decimal value: £10 * 0.07 = £0.70.
3. Finally, add the raise amount to Paul's original hourly wage to find his new wage: £10 + £0.70 = £10.70.
Therefore, after the 7% pay rise, Paul will now earn £10.70 per hour.