Black G.
asked • 01/06/23The price of an item yesterday was . Today, the price rose to . Find the percentage increase.
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1 Expert Answer
Raymond B. answered • 01/06/23
Tutor
5
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Math, microeconomics or criminal justice
Price yesterday = P
Today's price = P+x
% increase = x/P
if price today is $100
and today it's $100+ $20 = $120
then the percentage increase = 20/100 = 20%
That's a percentage per day, not an annual percentage increase
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Black G.
the numbers are 95 and 22801/06/23