Question

the cost of an item increased
300 to 500. Find the percentage increase in the price of the item
​

Answer 1

Answer:

Step-by-step explanation:

How to find the increase percentage?

It can easily be understood if it is expressed as percent. We will follow the following steps to convert the increase into percent.

Step I: First find the increase in value

Step II: Divide it by the original quantity

Step III: Multiply the fraction by 100 and put percent sign (%)

Formula for finding the increase % is Increase in value/Original value × 100 %.

Note: Increase percent is calculated on the original value.

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Answer 2

Initial Price = 300

Final Price = 500

Increase in Price = 500 - 300

                            = 200

Increase % = (200/300) * 100

                  = 66.67%

Hope this helps!