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The usual price of a pair of shoes was $50. Tom sold the shoes to Max for $55.25.Find the percentage increase in price.

Question

The usual price of a pair of shoes was $50. Tom sold the shoes to Max for $55.25.Find the percentage increase in price.
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Solution 1

To find the percentage increase in price, follow these steps:

  1. First, find the increase in price by subtracting the original price from the new price. In this case, 55.25(newprice)55.25 (new price) - 50 (original price) = $5.25.

  2. Next, divide the increase in price by the original price. So, $5.25 (increase Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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