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A smartphone's price increased from $400 to $500. Calculate the percentage increase. ​

User Voskart
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3 votes

Answer:

To calculate the percentage increase in price, we can use the following formula:

Percentage Increase = (New Value - Old Value) / Old Value * 100%

In this case, the old value is $400, and the new value is $500. Let's calculate the percentage increase:

Percentage Increase = (500 - 400) / 400 * 100%

= 100 / 400 * 100%

= 25%

Therefore, the price of the smartphone increased by 25%.

User Aremyst
by
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