Question

The cost of a jacket increased from $90.00 to $103.50. What is the percentage increase of the cost of the jacket?

Answer 1

So the Percentage Increase = 15 %

Explanation:

Given:

Original price = $ 90.00

New Price = $103.50

To Find:

Percentage Increase = ?

Solution:

Percentage Increase
`=(Difference in Value* 100)/(Original value)`%

Now In our Given Data

Difference in Value = New Value - Original Price

Putting in the values

Difference in Value = 103.50 - 90.00

= $13.50

Now we Know all the value and the formula is

Percentage Increase
`=(Difference in Value* 100)/(Original value)`%

Putting in the values

Percentage Increase
`=(13.50* 100)/(90.00)`%

`=(1350)/(90.00)`%

= 15%

which tells us that

Percentage Increase = 15 %