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How Much Is A 10 Percent Raise? [Solved]

If, for example, your current rate is $20/h and you are offered a 10% increase, your new hourly rate can be calculated like so: $20 + $20 * 10 / 100 = $20 + $20 * 0.1 = $20 + $2 = $22. On the other hand, if your current hourly rate is $20/h, and you are offered $22/h, what is that in percentage change?

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——————————————————————————————————————— ▻Footage licensed through: Videoblocks …