Last month, the online price of a scooter was $35. This month, the online price is $56. What is the percent of increase for the price of the scooter?
Question
Last month, the online price of a scooter was $35.
This month, the online price is $56.
What is the percent of increase for the price of the scooter?
Solution
To calculate the percent of increase for the price of the scooter, follow these steps:
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First, find the difference in price between this month and last month. Subtract the previous price from the current price. So, 35 = $21.
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Next, divide the difference by the original price. So, 35 = 0.6.
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Finally, to convert this to a percentage, multiply by 100. So, 0.6 x 100 = 60%.
Therefore, the percent of increase for the price of the scooter is 60%.
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