Final answer:
The price of the shoes increased from $52 to $64, which is a 23.08% increase. To calculate, subtract the original price from the new price, divide the increase by the original price, and multiply by 100. This results in roughly a 23% increase when rounded to the nearest percent.
Step-by-step explanation:
The student is asking how to calculate the percent increase in the price of an item, specifically a pair of shoes that increases in price from $52 to $64.
Calculating Percent Increase
To find the percent increase, you would:
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- Subtract the original price from the new price to find the amount of increase: $64 - $52 = $12.
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- Divide the increase by the original price: $12 ÷ $52.
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- Multiply the result by 100 to get the percentage: ($12 ÷ $52) × 100 = 23.08%.
Therefore, the price of the shoes increased by approximately 23%, when rounded to the nearest percent.