Question

Jonathan started at a new job with an hourly wage of $7.50 per hour. After having a great

performance review, they increased his hourly wage to $8.25 an hour. What was the percent
increase in his hourly wage?

Answer 1

Answer:To calculate the percent increase in Jonathan's hourly wage, we can use the following formula:

Explanation:

Percent Increase = ((New Value - Old Value) / Old Value) * 100

Let's plug in the values:

Old Value (hourly wage) = $7.50

New Value (hourly wage) = $8.25

Percent Increase = (($8.25 - $7.50) / $7.50) * 100

Simplifying the calculation:

Percent Increase = ($0.75 / $7.50) * 100

Percent Increase = 0.10 * 100

Percent Increase = 10%

Therefore, Jonathan's hourly wage increased by 10%.