rent of the house is increased from 7000 to 7700.express the increase of price as a percentage of the original unit
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Answer:
The percentage increase in the rent as a percentage of original rent = 10%
Step-by-step explanation:
Given,
The rent of the house increased from 7000 to 7700.
To find,
The percentage of increase
Recall the formula
Percentage increase = ×100%
Solution
The original rent = 7000
Rent after increase = 7700
The increase in rent = 7700 - 7000 = 700
Percentage of increase = ×100%
= ×100%
= 10%
∴ The percentage increase in the rent as a percentage of original rent = 10%
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