Question

What percent is the change in the price if the price was $100 and now it is $1250?

Answer 1

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 2

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.