A coin dealer buys a coin for $850 and sells it for $1190. Find the percent of change.

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asked Aug 18, 2019 173k views

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Cheok Yan Cheng · Answer 1 · 2019-08-24T18:05:12+0000

(percent change) = ((new value)/(old value) -1)*100%
.. = (1190/850 -1)*100%
.. = 40%

The coin was sold for a price 40% higher than its purchase price.

A coin dealer buys a coin for $850 and sells it for $1190. Find the percent of change.

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