Question

It costs £430 to rent a cottage for the weekend. Last year it cost £400. What percentage increase is this?

Answer 1

INCREMENT

430-400=30

PERCENTAGE

(30/400)*100

(30/40)*100

300/40=

7.5% is your final answer

I hope I could help

Answer 2

Answer:

The percentage increase is 7.5%.

Step-by-step explanation:

Given,

The cost of renting the cottage last year = £400,

While its cost in present = £430,

So,

$\text{Percentage change in cost}=\frac{\text{Present cost-Last year cost}}{\text{Last year cost}}\times 100$

$=\frac{430-400}{400}\times 100$

$=\frac{3000}{400}$

$=7.5\%$

Hence, the percentage increase in cost is 7.5%.