Hourly rate is defined as the wage rate that is paid by the employer to the employees depending upon the every hour they worked. It generally remain consistent.
Given Information:
Hourly rate for existing clients=$20.00
Hourly rate for new clients=$25.0
Solution:
Percentage difference=(Absolute difference/average)*100
Percentage difference=($25.00-$20.00/$25.0+20.00/2)*100
Percentage difference=22.22%
Learn more about hourly rate, refer to the link:
https://brainly.com/question/25951023
