Question

In 1990, it cost $800,000 for a 30-second commercial during the Super Bowl. In 2020, the cost for a 30-second commercial was $5,600,000. What is the percent increase, rounded to the nearest whole number, is the cost for a 30-second commercial from 1990 to 2020?

Answer 1

600%

Explanation:

5600000 - 800000

4800000 is the increase

% increase:

4800000/800000 × 100

= 600

Answer 2

690%

Explanation:

To find the percent increase, take the new amount and subtract the original amount

5600000-80000=5520000

Divide it by the original amount

5520000/800000

6.9

Multiply this by 100% to change from decimal form to percent form

6.9*100%

690%