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3 years ago

The price of an item yesterday was $135 . Today, the price rose to $216 . Find the percentage increase.

Mathematics

2 answers:

saveliy_v [14]3 years ago

6 0

Answer:

Percentage Increase = 60%

Step-by-step explanation:

To find the percentage increase, we will use the formula below;

Percentage Increase = $\frac{Increase}{Initial cost}$ × 100%

From the question given, the initial cost = $ 135

Now, we need to find the increase;

Increase = $216 - $135 = $81

We can now proceed to insert the values and then simplify;

Percentage Increase = $\frac{Increase}{Initial cost}$ × 100%

= $\frac{81}{135}$ × 100%

= $\frac{8100}{135}$ %

=60%

Percentage Increase = 60%

Softa [21]3 years ago

5 0

Answer:

60% increase

Step-by-step explanation:

Work out the difference increase between the two numbers you are comparing.Then you increase the new number by the original number. Next you divide the increase by the original number and multiply the answer by 100. Finally divide the increase number and the original number then multiply by 100. That will give you your answer.

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2 years ago

Suppose that you had the following data set. 500 200 250 275 300 Suppose that the value 500 was a typo, and it was suppose to be

hodyreva [135]

Answer:

$\bar X_B = \frac{\sum_{i=1}^5 X_i}{5} =\frac{500+200+250+275+300}{5}=\frac{1525}{5}=305$

$s_B = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(500-305)^2 +(200-305)^2 +(250-305)^2 +(275-305)^2 +(300-305)^2)}{5-1}} = 115.108$

$\bar X_A = \frac{\sum_{i=1}^5 X_i}{5} =\frac{-500+200+250+275+300}{5}=\frac{525}{5}=105$

$s_A = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(-500-105)^2 +(200-105)^2 +(250-105)^2 +(275-105)^2 +(300-105)^2)}{5-1}} = 340.221$

The absolute difference is:

$Abs = |340.221-115.108|= 225.113$

If we find the % of change respect the before case we have this:

$\% Change = \frac{|340.221-115.108|}{115.108} *100 = 195.57\%$

So then is a big change.

Step-by-step explanation:

The subindex B is for the before case and the subindex A is for the after case

Before case (with 500)

For this case we have the following dataset:

500 200 250 275 300

We can calculate the mean with the following formula:

$\bar X_B = \frac{\sum_{i=1}^5 X_i}{5} =\frac{500+200+250+275+300}{5}=\frac{1525}{5}=305$

And the sample deviation with the following formula:

$s_B = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(500-305)^2 +(200-305)^2 +(250-305)^2 +(275-305)^2 +(300-305)^2)}{5-1}} = 115.108$

After case (With -500 instead of 500)

For this case we have the following dataset:

-500 200 250 275 300

We can calculate the mean with the following formula:

$\bar X_A = \frac{\sum_{i=1}^5 X_i}{5} =\frac{-500+200+250+275+300}{5}=\frac{525}{5}=105$

And the sample deviation with the following formula:

$s_A = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(-500-105)^2 +(200-105)^2 +(250-105)^2 +(275-105)^2 +(300-105)^2)}{5-1}} = 340.221$

And as we can see we have a significant change between the two values for the two cases.

The absolute difference is:

$Abs = |340.221-115.108|= 225.113$

If we find the % of change respect the before case we have this:

$\% Change = \frac{|340.221-115.108|}{115.108} *100 = 195.57\%$

So then is a big change.

8 0

3 years ago