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.(1 point)
Responses
0.1588%
0 point 1 5 8 8 percent
15.88%
15 point 8 8 percent
13.71%
13 point 7 1 percent
0.1371%
To find the percent change, you can use the formula:
Percent Change = [(New Value - Old Value) / Old Value] * 100
Using the given information:
New Value = $9.85
Old Value = $8.50
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 percent change in her hourly wages is 15.88%. Answer: 15.88%.