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PolarNik [594]
4 years ago
6

OK i have a problem i have to find the percentage that the price went up so i have .57 cents and then it went up to 62 cents sho

w me how to do this please help
Mathematics
1 answer:
timama [110]4 years ago
7 0

Answer:

The price went up by 8.77%


Step-by-step explanation:

Let

57 cents be "old value" and 62 cents be the "new value"


<em><u>Percentage increase is always given by:</u></em>

Percentage Increase = \frac{new-old}{old}*100


<em>Substituting these values into the formula gives us:</em>

\frac{new-old}{old}*100\\=\frac{62-57}{57}*100\\=0.0877*100\\=8.77


Hence the price went up by 8.77%

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