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Hillary's current hourly wage is $11.25 per hour.Next month, Hillary will receive a 3% raise because she has been outperforming her boss's expectations.What will her new hourly wage be?(Round to the nearest cent and don't include the dollar symbol.)

Question

Hillary's current hourly wage is $11.25 per hour.Next month, Hillary will receive a 3% raise because she has been outperforming her boss's expectations.What will her new hourly wage be?(Round to the nearest cent and don't include the dollar symbol.)

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Solution 1

To calculate Hillary's new hourly wage after the raise, we first need to find out how much 3% of her current wage is.

Step 1: Calculate 3% of $11.25. This can be done by multiplying 11.25 by 0.03 (which is the decimal equivalent of 3%).

11.25 * 0.03 = 0.3375

So, 3% of Hillary's current wage is $0.3375.

Step 2: Add this amount to her current wage to find out her new wage.

11.25 + 0.3375 = 11.5875

Rounding to the nearest cent, Hillary's new hourly wage will be $11.59.

This problem has been solved

Solution 2

Step 1: Understand the problem. Hillary is currently earning $11.25 per hour and she will receive a 3% raise next month. We need to find out her new hourly wage.

Step 2: Calculate the amount of the raise. To do this, multiply her current wage by the percentage of the raise. In this case, it would be 11.250.03(since311.25 * 0.03 (since 3% is equivalent to 0.03 in decimal form). This gives us 0.3375.

Step 3: Add the amount of the raise to her current wage to find out her new wage. So, 11.25+11.25 + 0.3375 = $11.5875.

Step 4: Round to the nearest cent. This gives us 11.59.So,Hillarysnewhourlywagewillbe11.59. So, Hillary's new hourly wage will be 11.59.

This problem has been solved

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