Question

Cody increased the amount of money he saves each week from $40 to $75. By

what percentage did Cody increase the amount of money he saves?

Answer 1

So Cody increase his savings by 87.5%

Explanation:

We are given Cody's original savings = $40

We are given his new savings total = $75

Now, in order to find out the percentage we have to first find out by how much did he increase his savings:

Increase in savings = $75 - $40 = $35

So now we have the increase in savings we can find out the percentage:

`increase(\%) \: = (increase \: in \: savings)/(original \: savings) * 100`

Now we plug in our values that we found:

`increase(\%) = (35)/(40) * 100\\ increase(\%) = 87.5\%`

So Cody increase his savings by 87.5%