Answer :
Answer:
Step-by-step explanation:
We'll set up an equation:
14.25 = 1.0255x (which says, in words, "14.25 is 102.55% of what number?).
x = 13.90
Check it by plugging in 13.9 for x in the equation.
Answer:
$13.896
Step-by-step explanation:
You want the average hourly wage for this month last year, given that $14.25 is 102.55% of it.
Wage
Let w represent the wage for this month last year. We are given ...
102.55% × w = $14.25
To find w, we divide both sides of the equation by 102.55%:
w = $14.25/102.55% ≈ $13.896
The average hour wage this month last year was $13.896.
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Additional comment
In order to get the given percentage to 5 significant figures, the wage needs to be expressed to at least 5 significant figures. That is why we have not rounded to cents.