Question

Work out the percentage change to 2 decimal places when a price of £78.98 is increased to £100

Answer 1

The percentage is 26.6%

Explanation:

Here, we want to

work

out the percentage change

To do this, we use the percentage change formula

This is,

percentage change = new value-old value)/old value * 100%

= (100-78.98)/78.98 * 100%

21.02/78.98 * 100% = 26.6%