Question

It costs £430 to rent a cottage for the weekend. Last year it cost £400. What percentage increase is this?

Answer 1

INCREMENT

430-400=30

PERCENTAGE

(30/400)*100

(30/40)*100

300/40=

7.5% is your final answer

I hope I could help

Answer 2

The percentage increase is 7.5%.

Explanation:

Given,

The cost of renting the cottage last year = £400,

While its cost in present = £430,

So,

`\text{Percentage change in cost}=\frac{\text{Present cost-Last year cost}}{\text{Last year cost}}* 100`

`=(430-400)/(400)* 100`

`=(3000)/(400)`

`=7.5\%`

Hence, the percentage increase in cost is 7.5%.