Question

The price of a box of cereal was $2.00 at the beginning of a year. At the end of the year, he price of a box of the same type of cereal was $3.00. What was the percent increase in the price of the box of cereal?

Answer 1

You want to find the percent change, so what you do is subtract the curretn price to the original price so , 3-2= which equals 1. once you get 1, you divide it by the original number to get the fraction representing the percent. so 1/2. when you divide 1 by 2 you get .5, to change it to a percent you move the decimal 2 times to the right or multiply by 100. so .5 turns to 50 and you add the percent sign, 50%.