Question

Taminka received a raise in her hourly pay, from $13.50 to $14.99. Find the percent change. Round to the nearest percent.

Answer 1

`\% = 11\%`

Explanation:

Given

`Initial = \$13.50`

`Final = \$14.99`

Required

Determine the percentage change

This is calculated as:

`\% = |(Initial - Final)/(Initial) * 100\%`

`\% = |(13.50 - 14.99)/(13.50)| * 100\%`

`\% = |(-1.49)/(13.50)| * 100\%`

`\% = (1.49)/(13.50) * 100\%`

`\% = (1.49* 100\%)/(13.50)`

`\% = (149\%)/(13.50)`

`\% = 11.037037037\%`

`\% = 11\%`