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It costs $480.00 to rent an apartment on the Gold Coast for a weekend. Last year it cost $400.00. What method below shows how you would calculate the % increase?
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It costs $480.00 to rent an apartment on the Gold Coast for a weekend. Last year it cost $400.00.

What method below shows how you would calculate the % increase?

User Raspi
by
8.1k points

2 Answers

4 votes
you would find the difference of the prices and divide the value by the original price. the difference would be $80, 80/400 is 1/5 which is 20%
User Twalthr
by
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1 vote
400------100%
480------X%
400X=480x100
400x=4800
x=4800/400
x=12%
the rent increased by 12%
User Jeff Saltfist
by
7.8k points
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