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

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Answer 1 · 2018-03-31T16:02:43

$$ 10.64$ $$10.64$

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

$\frac{12}{100} \times $ 9.50 = $ 1.14$ $12/100 xx$9.50 = $1.14$
New rate = $$ 9.50 + $ 1.14 = $ 10.64$ $$9.50 +$1.14 = $10.64$ per hour.

Method 2

Add the $12 %$ $12%$ to $100 %$ $100%$

$100 % + 12 % = 112 %$ $100% +12% = 112%$

Now find $112 %$ $112%$ of $$ 9.50$ $$9.50$

$\frac{112}{100} \times $ 9.50 = $ 10.64$ $112/100 xx $9.50 = $10.64$

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