The price of a box of colored pencils increased from $8.00 to $8.48. What was the percent increase in the price?

Question

asked Jul 6, 2023 69.1k views

1 Answer

Reza Ahmadi · Answer 1 · 2023-07-12T06:33:22+0000

Explanation:

100% = $8.00

1% = 100%/100 = 8/100 = $0.08

the price went up by $8.48 - $8.00 = $0.48.

how many % is this ?

as many % as 1% fits into this difference :

0.48 / 0.08 = 6%

the price increase was 6%.