Question

As of January 1, Theo’s monthly rent increased from $585 to $615. What was the approximate percent increase of Theo’sA. 4%B.5%C.6%D.7%E.8%

Answer 1

Answer:

5%

Option B

Step-by-step explanation:

Theo’s monthly rent increased from $585 to $615

Increase in rent = $615 - $585

Increase in rent = $30

Percentage increase in rent = (Increase in rent / Original rent) x 100%

Percentage increase in rent = (30/585) x 100%

Percentage increase in rent = 5.13%

Approximate percentage increase in rent = 5%