Question

The Sanders' cruise vacation cost them $2,400 last year. This year, they decide to take another cruise vacation which will cost them $2,550. To the nearest percent, what is the percent of increase?

Answer 1

6%

Explanation:

Find the percent increase by dividing the difference in costs by the original cost last year, then multiplying it by 100

((2550 - 2400) / 2400) x 100

(150 / 2400) x 100

= 6.25

To the nearest percent, this will round down to 6.

So, the percent of increase is approximately 6%