Question

The price of mangoes was $12 per kilo in November but has increased to $18 per kilo in January

Express this change as a percentage.
Show working out

Answer 1

The percentage of price of mangoes was increased by 15% from November to January.

Explanation:

• The price of mangoes in November = $12 per kilo
• The price of mangoes in January = $18 per kilo
• The cost has been increased from $12 to $18.

Therefore, the change in percentage is percentage increase.

Percentage increase = (difference between two prices / lower price) × 100

⇒ (18-12 / 12) × 100

⇒ (6 / 12) × 100

⇒ 50 %

Therefore, the percentage change from November to January is increase of 50 %.