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25-01-2019
Mathematics

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An employees hourly raise went up from $10 per hour to $12 per hour. What is the rate of increase?

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sadcultures sadcultures

25-01-2019

20% because:

rate of Increase = ( final - initial ) / initial * 100

rate of increase = ( 12 - 10 ) / 10 * 100

rate of Increase = 2 / 10 * 100

rate of Increase = 20

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