Question

The price of an item has risen to 297 today. Yesterday it was 110 . Find the percentage increase.

Answer 1

The percentage increase in the price of an item that has gone from $110 to $297 is calculated using the formula (New Price - Original Price) / Original Price x 100%, resulting in a 170% increase.

Step-by-step explanation:

To find the percentage increase in the price of an item that has risen from $110 to $297, you would use the formula for calculating percentage change. The formula is:

Percentage Increase = ((New Price - Original Price) / Original Price) x 100%

Plugging in the numbers:

Percentage Increase = (($297 - $110) / $110) x 100%

Percentage Increase = ($187 / $110) x 100%

Percentage Increase = 1.7 x 100%

Percentage Increase = 170%

Therefore, the price of the item has increased by 170% from yesterday to today.

Answer 2

170

Step-by-step explanation:

original value = 110

final value = 297

the increase is the difference between both values

increase = final value - original value = 297 - 110 = 187

percentage increase = (increase/original value)*100

= (187/110)*100

=170