If tax is 8.75%, and the bill total is $97.50, how much tax will be added to the bill? How much will the total bill be?
2 answers:
You might be interested in
That's a 33% increase.
I calculated this using the formula:
Where n = the new value (16 in your question), o = the old value (12 in your question) and the result is outputted as a percent increase. You can check that this is correct by finding 33% of 12, adding the result to 12, and checking that the result equals your "new" number.
Note that 33% is only an approximation as your question requires a number rounded to the nearest whole.
I calculated this using the formula:
Where n = the new value (16 in your question), o = the old value (12 in your question) and the result is outputted as a percent increase. You can check that this is correct by finding 33% of 12, adding the result to 12, and checking that the result equals your "new" number.
Note that 33% is only an approximation as your question requires a number rounded to the nearest whole.