Answer:
So the Percentage Increase in Price would be 13%
Step-by-step explanation:
Given:
Old Price of jacket = $80.00
New Price of Jacket = $ 90.40
To Given:
Percentage Increase = ?
Solution:
WE have to find the Percentage Increase
By the formulas we know that
Percentage Increase [tex]=\frac{Differenc In Values}{Old Value}*100[/tex]%
Now we will find the difference in values
Difference = New Value - Old Value
= 90.40 - 80.00
= $ 10.40
Now the formula we have is
Percentage Increase [tex]=\frac{Differenc In Values}{Old Value}*100[/tex]%
Putting in the values
Percentage Increase [tex]=\frac{10.40}{80}*100[/tex]%
[tex]=\frac{1040}{80}[/tex]%
= 13%
So the Percentage Increase in Price would be 13%
