Question

An employee’s hourly raise went up from $11 per hour to $16 per hour. What is the rate of increase? Round to the nearest percentage.

Answer 1

45%

Explanation:

Step one:

given data

intial pay= $11 per hour

final pay= $16 per hour

Required

% increase

Step two:

%increase= final-initial/initial*100

substitute

%increase= 16-11/11*100

%increase=5/11*100

%increase= 0.45*100

%increase= 45%

Hence the percent raise is 45%