Question

The yearbook was sold for $26 at the beginning of the year.Since the price has increased to $28.What was the percent of increase in price (round to the hundredths place

Answer 1

Answer:the percent of increase in price is 7.69%

Step-by-step explanation:

The yearbook was sold for $26 at the beginning of the year. This means that the initial price of the year book was $26.

The price has increased to $28. The amount by which it was increased would be the current price - the initial price. It becomes

28 - 26 = $2

The percent of increase in price would be

Increase/initial price × 100

It becomes

2/26 × 100 = 7.69%