Question

the average cost per month of a 1 bedroom apartment in grayson was $525 last year this year the average cost is $550 what is the percent change from last year to this year

Answer 1

4.76%(to 3 s.f.)

Explanation:

100%= $525

1%= $525÷100

= $5.25

$550-$525= $25

$25÷$5.25= 4.76% (to 3 s.f.)