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

Question

A bank tellers’ hourly wage will increase from 24to24 to 27.60.  What percent increase does this represent

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Solution

Step 1: First, you need to find out how much the wage has increased. You do this by subtracting the original wage from the new wage.

27.6027.60 - 24 = $3.60

Step 2: Next, you need to find out what percentage this increase represents of the original wage. You do this by dividing the increase by the original wage and then multiplying by 100 to get a percentage.

(3.60/3.60 / 24) * 100 = 15%

So, the bank teller's hourly wage has increased by 15%.

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