Question

The amount of money in a saving account increase from $250 to $270 what is the precent increase of the money in the savings account

Answer 1

12.5

Step-by-step explanation

270 - 250 = 20

250 divided by 20 = 12.5

So therefore the percentage in the increase is 12.5

Answer 2

8%

Explanation:

percent increase = [ (difference between initial value and final value) ÷ initial value] x 100

⇒ percent increase = [ (270 - 250) ÷ 250] x 100 = 8%