3 Answers
To find the price increase from 1606.2 to 2210.2...........
1. amount of change 2210.2 - 1606.2 604
---------------------------- --------------------------- = ------------ =
original number 1606.2 1606.2
0.37604283........move decimal two places to the right > then rounded
38% increase
| 14 years ago. Rating: 1 | |
You can also divide the new price by the old price. The answer is 1.376. Round to the nearest 100th (1.38). This means the new price is 138% of the old price, or a 38% increase.
What I don't understand is when I divide the old price by the new price and get .726, which tells me the old price is 73% of the new price, which would lead me to believe the new price is 27% higher than the old price.
| 14 years ago. Rating: 0 | |
old
-----
new
1606.2
--------
2210.2
1606.2/100 = 2210.2/x
1606.2x 221.020
-------- = --------
1606.2 1606.2
x = 137.60428.......
-100.00
x = 37.60428......
x = 38%
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