Question

Calculate the percent of increase for the $49 video game that is now being sold for $300.

Answer 1

`\boxed{\color{blue}\textsf{The percentage increase in price is \textbf{512.22\% }}}`

Explanation:

Here the earlier price of the video game was $ 49 and now it's being sold for $ 300 . We need to calculate the percentage increase in price .

So the increase in cost is $( 300 - 49 ) = $ 251 .

So we can calculate the % increase as ,

`\qquad\boxed{\boxed{\sf\% Increase = ( Increase\ in \ price )/(Original\ price ) * 100 }}`

Substituting the respective values :-

`\sf\implies \% Increase = ( Increase\ in \ price )/(Original\ price ) * 100 \\\\\sf\implies \% Increase =(\$ 251)/(\$ 49 )* 100 \\\\\sf\implies \% Increase = 5.122 * 100 \\\\\implies \boxed{\pink{\frak{ \% Increase = 512.24 \% }}}`