The cost of a car increased from $16,000 to $20,000. find the percent increase.?
Answer:
25 %
JUST taking a fast stab. 25%
.08
Yoi take the original price %16000 and subtract it from the new cost $20000 to get the increase which equals $4000.
Then you put that number over the original price to get the increase over the original price, so 4000/16000 = .25 which is 25% more.
The formula for percent change is (new - old)/old so
(20,000 - 16,000)/16,000 = 1.25 or
20,000 is 125% of 16,000, so the increase is 25%
check: 16,000 X 25% = 4,000 16,000 + 4,000 = 20,000
change in price divided by original price. this works for increases and decreases in price.
just sell it and mak a quick buck
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