Question

The sales of a particular brand of children’s athletic shoes rose from $5,000,000 to $5,800,000. Find the percent of increase in sales. Round to the nearest tenth of a percent if necessary.

Options:
16%

13.8%

86.2%

0.2%

Answer under 5 minutes!!!

Answer 1

The increase:
$5,800,000 - $5,000,000 = $800,000
The percent of increase:
800,000 x 100 : 5,000,000 = 16%
Answer:
A ) 16%

Answer 2

Percentage increase = (increase) x 100 / original
Percentage increase = (5,800,000 - 5,000,000) x 100 / (5,000,000)
Percentage increase = 16%