2 years ago

In the year 2000, a house was valued at $60 000.

Mathematics

1 answer:

Ne4ueva [31]2 years ago

4 0

The percentage by which the cost is increasing will be 75%.

<h3>What is the percentage?</h3>

The quantity of anything is stated as though it were a fraction of a hundred. A fraction of 100 can be used to express the ratio.

The percentage of the 8th graders who want to go to the water slides is found from;

In the year 2000, a house was valued at $60 000.

In 2010, the same house was valued at $80 000.

The percentage value is found as;

$\% = \frac{60000}{80000} \times 100 \\\\ \% =75 \%$

Hence the percentage by which the cost is increasing will be 75%.

To learn more about percentages, refer to:

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