After one year on the job, Grady got a raise from \( \$ 11.50 \) to \( \$ 11.96 \) per hour. What was the percent increase in his hourly wage? The percent of increase was \( \square \% \).
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To find the percent increase in Grady's hourly wage, you need to subtract the old wage from the new wage, then divide that number by the old wage, and finally multiply by 100 to convert it to a percentage. The calculation looks like this: 1. Calculate the increase: \( 11.96 - 11.50 = 0.46 \) 2. Divide the increase by the old wage: \( \frac{0.46}{11.50} \approx 0.04 \) 3. Multiply by 100 to convert to a percentage: \( 0.04 \times 100 = 4 \) The percent of increase was \( 4\% \).