
Veena B. answered 08/01/19
Georgetown Law, J.D. (Graduated with Honors)
The percent increase is 25% . $300-$240 (=$60) is the difference. You will need to divide that by the original price of 240, which is 1/4, equalling 25%. You can double check this is correct by taking 25% of $240 and adding that to $240 to see if it will equal $300.