201k views
4 votes
The cost of a DVD box set increased from $30 to $35. A student says that this represents a 5% increase in the price. Explain the student’s error. What is the actual percent increase?

User Fuzzybear
by
4.4k points

1 Answer

4 votes

Answer:

17%

Explanation:

$30-100%

$35-x%

x%=35*100/30

x%=116.6%

116.6%-100%=16.6%~17%

User Blunders
by
4.8k points
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