Question

The cost of a jacket increased from $60.00 to $66.00. What is the percentage increase of the cost of the jacket?

Answer 1

Answer: Percent increase = 10%

Explanation:

Concept:

Here, we need to know how to find the percentage of increase.

Percent increase is a measure of percent change, which is the extent to which something gains value.

Percent increase = [(final value - initial value) / initial value] × 100%

Solve:

Final value = $66.00

Initial value = $60.00

Percent increase = [(final value - initial value) / initial value] × 100%

Percent increase = [(66 - 60) / 60] × 100%

Percent increase = [6 / 60] ×100%

Percent increase = (1 / 10) × 100%

Percent increase = 100/10 % = 10%

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Answer 2

10%

Explanation:

increase $66-$60 = $6

$60 represents 100%

$6 increase represents ?%

find the equivalent fraction to keep the same proportion

60/100 = 6/ ?

? = (6*100)/60 = 10

10% increased