Answer:
So the Percentage Increase = 15 %
Step-by-step explanation:
Given:
Original price = $ 90.00
New Price = $103.50
To Find:
Percentage Increase = ?
Solution:
Percentage Increase [tex]=\frac{Difference in Value* 100}{Original value}[/tex]%
Now In our Given Data
Difference in Value = New Value - Original Price
Putting in the values
Difference in Value = 103.50 - 90.00
= $13.50
Now we Know all the value and the formula is
Percentage Increase [tex]=\frac{Difference in Value* 100}{Original value}[/tex]%
Putting in the values
Percentage Increase [tex]=\frac{13.50* 100}{90.00}[/tex]%
[tex]=\frac{1350}{90.00}[/tex]%
= 15%
which tells us that
Percentage Increase = 15 %