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A coin dealer buys a coin for $850 and sells it for $1190. Find the percent of change.
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5 votes
A coin dealer buys
a coin for $850 and sells it for $1190. Find the percent of change.

User PufAmuf
by
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1 Answer

6 votes
(percent change) = ((new value)/(old value) -1)*100%
.. = (1190/850 -1)*100%
.. = 40%

The coin was sold for a price 40% higher than its purchase price.
User Cheok Yan Cheng
by
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