Question

The cost of a jacket increased from $80.00 to $90.40. What is the percentage increase of the cost of the jacket?

Answer 1

So the Percentage Increase in Price would be 13%

Explanation:

Given:

Old Price of jacket = $80.00

New Price of Jacket = $ 90.40

To Given:

Percentage Increase = ?

Solution:

WE have to find the Percentage Increase

By the formulas we know that

Percentage Increase
`=(Differenc In Values)/(Old Value)*100`%

Now we will find the difference in values

Difference = New Value - Old Value

= 90.40 - 80.00

= $ 10.40

Now the formula we have is

Percentage Increase
`=(Differenc In Values)/(Old Value)*100`%

Putting in the values

Percentage Increase
`=(10.40)/(80)*100`%

`=(1040)/(80)`%

= 13%

So the Percentage Increase in Price would be 13%