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11 September, 13:56

What percent is the change in the price if the price was $100 and now it is $1250?

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Answers (2)
  1. 11 September, 14:13
    0
    Answer: 1150%

    Step-by-step explanation: To calculate the percentage increase in price we apply the formula:

    Percentage change = [100 (New selling price/cost - Old price/cost) ] / 100

    New cost = $1250

    Old cost = $100

    Therefore, percentage change = [100 (1250 - 100) ] / 100

    (100 x 1150) / 100 = 1150%

    Price increased by 1150% from $100 to $1250.
  2. 11 September, 14:17
    0
    1150%

    Step-by-step explanation:

    The percentage change is ...

    percentage change = (amount of change) / (original amount) * 100%

    = ((new amount) - (original amount)) / (original amount) * 100%

    = ($1250 - $100) / $100 * 100%

    = 1150/100 * 100%

    = 1150%
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