Pat paid $6500 for a new car in 1974. A similar car in 2005 cost $25700. Express the increase in cost as a percent of the price in 1974.
WITH STEPS
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Step-by-step explanation:
In 1974..... Cost of car = $6500
In 2005.... Cost of car = $25700
Increase in cost = 25700 - 6500 = $19200
% increase = 19200 × 100/6500
= % increase = 19200/65 = 295.38%
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