The percentage increase of the change in price is gotten as; 48%
<h3>How to calculate percentage price increase?</h3>
We are given;
Old Cost Price = $20
New Cost Price = $9.60
Thus, the increase in price is;
29.60 - 20 = $9.60
The percentage increase is;
Percent increase = (29.60 - 20)/20 * 100%
Percentage Increase = 9.60/20 * 100%
Percentage Increase = 0.48 * 100% = 48%
Complete Question is;
The last time i bought this product , it cost $20.00 but it looks like it cost 29. 60 today? What is the percentage increase?
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