An apprentice was earning $11.52 per hour when he was to receive a 13% increase in his pay. When he received his next paycheck he noticed that he was earning $13.01 per hour. What was the actual percent increase in his pay?
1 Answer
Apr 1, 2016
12.93%.
Explanation:
The wage was increased by $1.49/hr. Dividing that by the previous wage of $11.52/hr gives 0.1293 or 12.93%.