The price of an item has risen to $232 today. Yesterday it was $160. Find the percentage increase.

First, find the difference.

232-160 is 72. The price increased by $72.

Now, we need to find what percentage of 160 is 72.

72/160 = 0.45

0.45=45% (45/100=0.45)

72 is 45% of 160.

Your final answer is - The price of the item increased by 45%