Question

21. A bank tellers’ hourly wage will increase from $24 to $27.60. What percent increase does this represent?

Answer 1

Answer:

Step-by-step explanation:

Increase= 27.60$-24$ = 3.60$

Increase percentage=

3.60$ × 100%/24 = 15%

Answer 2

The bank teller's hourly wage increase of $24 to $27.60 represents a 15% increase.

To calculate the percent increase in the bank teller's hourly wage, we can use the formula:

percent increase = [(new value - old value) / old value] x 100%

Using the given values, we can plug them into the formula:

percent increase = [(27.60 - 24) / 24] x 100%

percent increase = 3.60 / 24 x 100%

percent increase = 0.15 x 100%

percent increase = 15%

Therefore, the bank teller's hourly wage increase of $24 to $27.60 represents a 15% increase.

This means that the new hourly wage is 115% of the old hourly wage. Another way to look at it is that the hourly wage increased by 15% of its original value. For example, if the hourly wage was $100 instead of $24, a 15% increase would result in a new hourly wage of $115.

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