Question

The tuition at a college increased from $45,000 to $52,000 in 2007. WhWhat is the percent increase in tuition? (Roundto the nearest tenth of a percent.)Provide your answer below:

Answer 1

15.6% increase

Explanation:

The tuition fee increase is $52,000 - $45,000 = $7000.

Now we need to ask ourselves "what percent is this $7000 of the original tuition fee ($45,000)? "

The answer is

% = ($7000/$45,000) × 100% = 15.6%

The percent increase is 15.6% when rounded to the nearest tenth.