Question

n 1917 the cost of a first-class postage stamp was 3¢. In 1974 the cost for a first-class postage stamp was 10¢. What is the percent of increase in the cost of a first-class postage stamp?

Answer 1

233.33 %.

Explanation:

The increase is 10 - 3 = 7c.

Percentage increase = 100 * 7 / 3.

= 700 / 3

= 233.33 %.