SOLUTION: Karl Atkins is a member of a union that contracted to take a temporary wage decrease of 6%. If Karl was earning $7.50 per hour, how much was his wage cut? What is his new hourly

Question 1106500: Karl Atkins is a member of a union that contracted to take a temporary wage decrease of 6%. If Karl was earning $7.50 per hour, how much was his wage cut? What is his new hourly rate?

Found 2 solutions by addingup, josgarithmetic:
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
6% : that symbol, %, means "per one hundred". So if you make 100 and have to take a cut of 6%, your cut would be 6 and your new wage would be 94.
Since we usually have to calculate the percentage of numbers other than 100, like in your problem, we take the "per one hundred" and turn it into "per one". How? Well, by dividing by 100 of course. 6 percent becomes 0.06 per-one.
Now it's easy, just multiply 0.06 for any number to calculate its 6%:
7.50 x 0.06 = your answer
Answer by josgarithmetic(39620) (Show Source): You can put this solution on YOUR website!
Wage decrease of 6% of $7.5 per hour

Wage becomes adjusted to $7.05 per hour.
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