Question

A bond purchased at 500.00 now has a value of 650.00. What is the percent increase of its value?

Answer 1

Answer:

Step-by-step explanation:

Value of bond before = 500Rs

Value of bond after = 650Rs

Cost increased = 650-500=150Rs

%of increase in cost =150/650*100

Answer=300/13 %

Answer 2

Answer = 30%

                                   

Bond was purchased for - 500.00

Currently, It has value of - 650.00

                     

Increase in value = 650-500

                            = 150

           

So, We will use the Increased percentage formula for this:

Percentage increase = Increase in Value

                                    ____________________

                                           original value

                         

= 150/500   or           $\frac{150}{500} * 100$

=> 30%

Explanation:

This is a very simple question, which can be solved by getting know of Increase/decrease in value and Original value.

           

To getting know Increased/decreased value we have to Subtract Original Price from New price. After getting increased price, we have to divide it with the original value.

                               

So,

First step:

Original price - Increased price

= 650 - 500

= 150

Second step:

Increase in value/Original price

= 150/500

= 30%