the price of a pair of shoes increases from $66 to $68. what is the percent increase to the nearest percent?

Question

the price of a pair of shoes increases from $66 to $68. what is the percent increase to the nearest percent?

Answer 1

When you think about this kind of problem, Let $68 = the new price and $66 = the original price.

The the % increase/decrease is { (New - Original)/Original } x 100

In this case

100 x { (68 - 66)/66 } = 100 x (2/66) = 3.03% or 3% (rounded)