Question

What will the new hourly rate be after an employee gets a `12%` raise at a store that currently pays `$9.50` per hour?

Answer 1

`$10.64`

Explanation:

Method 1.
Find the `12%` increase and add it to the hourly rate:

`12/100 xx$9.50 = $1.14`
New rate = `$9.50 +$1.14 = $10.64` per hour.

Method 2

Add the `12%` to `100%`

`100% +12% = 112%`

Now find `112%` of `$9.50`

`112/100 xx $9.50 = $10.64`