Question

Engineering students at Yardley College last year received an average of $10,160 in scholarships and grants. This year, the average is the same amount. What is the percent of increase in the average amount?

Answer 1

The percent of increase in the average scholarship and grant amount for engineering students at Yardley College from last year to this year is 0%, since the amount did not change.

Step-by-step explanation:

If the average scholarship and grant amount received by engineering students at Yardley College last year was $10,160 and this year it is also $10,160, then there has been no increase. The percent of increase is 0% because the average amount of scholarships and grants did not change from last year to this year.

To calculate the percent increase in the average amount of scholarships and grants for engineering students at Yardley College, we need to find the difference between the average amounts of scholarships and grants for last year and this year, and then divide that difference by the average amount from last year. Finally, we multiply the result by 100 to find the percentage. In this case, since the average amount is the same for both years, the percent increase would be 0%. There is no increase.