Last year jess earned $8.50 an hour at work. After a raise, she now earns $9.85 an hour. what is the percent change in her hourly wages? Round your answer to the nearest hundredth.
a. o.1371%
b. 0.1588%
c. 13.71%
d. 15.88%
To find the percent change in Jess's hourly wages, we can use the formula:
Percent Change = ((New Value - Old Value) / Old Value) * 100
Using this formula, we can calculate:
Percent Change = ((9.85 - 8.50) / 8.50) * 100
Percent Change = (1.35 / 8.50) * 100
Percent Change = 0.1588 * 100
Percent Change = 15.88%
Therefore, the answer is d. 15.88%.