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If the new minimum wage of $8.75 per hour is 102.9412% of the old minimum wage, what was the old minimum wage?

Sagot :

Using proportions, it is found that the old minimum wage was of $8.50.

  • The new minimum wage is of $8.75 per hour.
  • The old minimum wage was of x.
  • The new minimum wage is 102.9412% of the old minimum wage, hence it can be represented as 1.029412x.

The equation for the relationship between these wages is:

[tex]1.029412x = 8.75[/tex]

[tex]x = \frac{8.75}{1.029412}[/tex]

[tex]x = 8.50[/tex]

The old minimum wage was of $8.50.

To learn more about proportions, you can take a look at https://brainly.com/question/24372153

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