The price of a computer increases from £164 to £168.92Determine the percentage increase.
Question
Solution 1
Step 1: Find the amount of increase.
The amount of increase is the final price minus the initial price. So, £168.92 - £164 = £4.92.
Step 2: Calculate the percentage increase.
The formula for percentage increase is: (Amount of increase / Original amount) * 100%
So, (£4.92 / £164) * 100% = 3%
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