Question

A laptop computer originally priced at $1,700 now sells for $1,800. What is the percent of increase?%.The percent of increase is(Type an integer or decimal rounded to one decimal place as needed.)

Answer 1

Step-by-step explanation:

We are given the original price of a laptop computer at $1,700.

Now the price has been increased to $1,800.

Note that there is a $100 increase over the original price.

For us to calculate the percent increase we shall use the ratio of the increase over the original price and calculate as a percentage.

`\begin{gathered} Original\text{ price}=1700 \\ Increase=100 \\ Percent=x \end{gathered}`

We can now set up the following equation;

`(100)/(1700)=(x)/(100)`

We now cross multiply;

`(100*100)/(1700)=x`
`(10000)/(1700)=x`
`x=5.8823...`

Rounded to one decimal place, the percent increase is;

ANSWER:

`Increase=5.9\%`