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
15.88%
15 point 8 8 percent
0.1371%
0 point 1 3 7 1 percent
13.71%
13 point 7 1 percent
0.1588%
The percent change in Jess's hourly wages can be calculated using the formula:
Percent Change = ((New Value - Old Value) / Old Value) * 100
In this case, the old value is $8.50 and the new value is $9.85. Plugging these values into the formula, we get:
Percent Change = (($9.85 - $8.50) / $8.50) * 100
Simplifying the equation:
Percent Change = ($1.35 / $8.50) * 100
Percent Change = 0.1588 * 100
Percent Change = 15.88%
Therefore, the percent change in Jess's hourly wages is 15.88%.