Question

The price of an item has risen to $169 today. Yesterday it was $65. Find the percentage increase.

Answer 1

The percentage increase in the price of an item that went from $65 to $169 is 160%.

Step-by-step explanation:

The percentage increase in the price of an item can be found by using the formula:

Percentage Increase = (New Price - Old Price) / Old Price × 100%

In this case, the old price is $65, and the new price is $169. Therefore, we calculate the percentage increase as follows:

Percentage Increase = ($169 - $65) / $65 × 100%

Percentage Increase = $104 / $65 × 100%

Percentage Increase = 1.6 × 100%

Percentage Increase = 160%

Hence, the rise in the cost of the item is 160%.

Answer 2

160 %

Step-by-step explanation:

169 - 65 = 104

104 divided by 65 = 1.6

1.6 times 100 = 160 %

Check :

(160 divided by 100 = 1.6)

65 times 1.6 = 104

65 + 104 = 169