Question

The cost of a jacket increased from $90.00 to $103.50. What is the percentage increase of the cost of the jacket?

Answer 1

Answer:

So the Percentage Increase = 15 %    

Step-by-step explanation:

Given:

Original price = $ 90.00

New Price = $103.50

To Find:

Percentage Increase = ?

Solution:

Percentage Increase $=\frac{Difference in Value* 100}{Original value}$%

Now In our Given Data

Difference in Value = New Value - Original Price

Putting in the values

Difference in Value = 103.50 - 90.00

                                 = $13.50

Now we Know all the value and the formula is

Percentage Increase $=\frac{Difference in Value* 100}{Original value}$%

Putting in the values

Percentage Increase $=\frac{13.50* 100}{90.00}$%

                                   $=\frac{1350}{90.00}$%    

                                           = 15%

which tells us that

 Percentage Increase = 15 %