Average hourly wage for service workers in a certain city last month was $11.30. This is...
Average hourly wage for service workers in a certain city last month was $11.30. This is 104.02% of the average hourly wage from the same month last year. What was the average hourly wage for this month last year? For full marks your answer should be rounded to the nearest cent.
Homework Answers
Average Hourly Wage for Service Workers for Last Month = $11.30
This is 104.02% of the Average Hourly Wage from the Same Month Last Year.
Average Hourly Wage for This Month Last Year =
(Average Hourly Wage for Service Workers for Lsat Month / 104.02) * 100
= ($11.30 / 104.02) * 100
= $10.86 (Rounded off)
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