an accountant used to charge $40 per hour, but recently decided to charge $52 per hour. what was the percent…
an accountant used to charge $40 per hour, but recently decided to charge $52 per hour. what was the percent of increase in the billing rate?
Answer
Explanation:
Step1: Find the amount of increase
$52 - 40=12$
Step2: Calculate the percent - increase
Percent increase = $\frac{\text{increase}}{\text{original amount}}\times100%=\frac{12}{40}\times100%$ $\frac{12}{40}\times100% = 0.3\times100%=30%$
Answer:
30%