Question

An employee's hourly raise went up from ₹10 per hour to ₹12 per hour . What is the rate of increase?​​

Explain with steps​






Please ​

Answer 1

Answer:

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Step-by-step explanation:

Rate of Increase = (Final - Initial ) / Initial * 100

Rate of increase = (12-10) /10 * 100

Rate of Increase = 2 / 10 * 100

Rate of Increase = 20

So, your final answer is 20%