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Calvin usually puts $120 in his savings account every month, but he is now going to put $150 into his savings account. By what percent is he increasing the amount he will put into savings?

2 Answers

1 vote

To find the percent increase in the amount Calvin is putting into his savings account, you can use the following formula:

Percent Increase = [(New Amount - Old Amount) / Old Amount] * 100%

In this case:

Old Amount = $120

New Amount = $150

Percent Increase = [($150 - $120) / $120] * 100%

Percent Increase = [($30) / $120] * 100%

Percent Increase = (0.25) * 100%

Percent Increase = 25%

Calvin is increasing the amount he puts into his savings account by 25%.

User WiredIn
by
8.1k points
6 votes

Answer:its 1.5 because you divide the $150 to a hundred which is gonna be 1.5

Step-by-step explanation:u just need to divide what he’s gonna put into the savings

Always devide in 100.

User Ilya Bystrov
by
8.2k points

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