Question

The"off-peak"weekly average cost of hiring a caravan in wales is £520. In July the average cost increases to £800. Calculate the percentage increase in cost.

Answer 1

Answer: 53.84%

Step-by-step explanation:

Given

The average cost of hiring is £520

The new increased cost of hiring is £800

Percentage increase is

$\Rightarrow \%=\dfrac{\text{New value-old value}}{\text{old value}}\times 100$

Putting values

$\Rightarrow \dfrac{800-520}{520}\times 100=53.84\%$