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Chapter 2: Q. 132 (page 130)

Ayodele received a raise in her hourly pay, from \(24.50 to \)25.48. Find the percent change.

Short Answer

Expert verified

The percentage change is 4% .

Step by step solution

01

Step. 1 Given information 

Ayodele received a raise in her hourly pay, from $24.50 to $25.48.

02

Step. 2 Concept  

Percentage change equals the change in value divided by the value of the original value, multiplied by 100.

03

Step. 3 Calculation  

Initial value =$24.50

Final value =$25.48

percentage change =Finalvalue-InitialvalueInitialvalue×100

=25.48-24.5024.50×100=0.9824.50×100=9824.50=4%

The percentage change is 4%.

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