Question

The off-peak weekly average cost of hiring a caravan is £520. In July the average cost increases to £800. Calculate the percentage increase in cost

Answer 1

Answer:

There is 53.85% increase in cost.

Step-by-step explanation:

Since we have given that

Average cost of hiring a caravan = $520

Average cost in july = $800

So, Difference between them is given by

$800 - $520

= $280

So, Percentage increase in cost becomes,

280/520*100

= 53.85%

Hence, there is 53.85% increase in cost.