Question

Kevin brought a used guitar at a garage sale for $150. He fixed up and sold it for $ 225. What was the percent increase ?

Answer 1

50%

Step-by-step explanation

The percent change is,

`(V_f-V_i)/(V_i)*100`

In this problem, the initial value is $150 and the final value is $225,

`(225-150)/(150)*100=(75)/(150)*100=0.5*100=50\%`

The percent increase in the guitar's value was 50%