What percent is the change in the price if the price was $100 and now it is $1250?
2 answers:
Answer:
1150%
Step-by-step explanation:
The percentage change is ...
percentage change = (amount of change)/(original amount) × 100%
= ((new amount) - (original amount))/(original amount) × 100%
= ($1250 -$100)/$100 × 100%
= 1150/100 × 100%
= 1150%
Answer: 1150%
Step-by-step explanation: To calculate the percentage increase in price we apply the formula:
Percentage change = [100 (New selling price/cost - Old price/cost)] / 100
New cost = $1250
Old cost = $100
Therefore, percentage change = [100 (1250 - 100)] / 100
(100 x 1150) / 100 = 1150%
Price increased by 1150% from $100 to $1250.
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