Question

Question 1: An employee makes $14.41 per hour but is getting a 4% increase. What is his new wage per hour to the nearest cent?

Answer 1

ANSWER

$\operatorname{\ }14.99$

EXPLANATION

1) To find the new wage per hour, we have to first find 4% of his former wage and add it to the former wage.

That is:

$\begin{gathered} 4\%\text{ }of\text{ }\ 14.41 \\ \Rightarrow\frac{4}{100}*14.41 \\ \Rightarrow\ 0.58 \end{gathered}$

Now, add it to the former wage:

$\begin{gathered} 14.41+0.58 \\ \ 14.99 \end{gathered}$

That is his new wage.