Question

Tinas rent will increase from $595 this year to $708 next year what is the percent change to the nearest percent

Answer 1

Answer:

19%

Step-by-step explanation:

Rent this year = $595

Rent next year = $708

Change = $708 - $595

= $113

Percentage change = change /this year’s rent x 100%

That’s 113/595 x 100%

0.1899 x 100%

18.99%

19%

Answer 2

Answer:

The answer rounded to the nearest percent is 19%.

Step-by-step explanation:

The formula for percent change is this:

((y2 - y1) / y1)*100

Let y1 be the first value (595) and let y2 be the second (708).

((702 - 595) / 595)*100

702 - 595 is 107 and 107/595 is approximately 0.188, multiplied by 100 is 18.8, which is rounded to 19%.

That is our solution.

And that's an awfully small amount of rent to pay (at least in California).