The percent increase is 48.28
Step-by-step explanation:
Given,
Purchase price of used-droid = $2900
Selling price of used=droid = $4300
Profit = Selling price - purchase price
Profit = 4300-2900 = $1400
Percent increase = [tex]\frac{Profit}{Purchase\ price}*100[/tex]
[tex]Percent\ increase=\frac{1400}{2900}*100\\\\Percent\ increase=\frac{140000}{2900}\\\\Percent\ increase=48.275\%[/tex]
Rounding off to nearest hundredth;
Percent increase = 48.28%
The percent increase is 48.28
Keywords: percentage, subtraction
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- brainly.com/question/12148432
- brainly.com/question/12223460
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