Last month, the online price of a scooter was $35. This month, the online price is $56. What is the percent of increase for the price of the scooter?
Question
Last month, the online price of a scooter was 56. What is the percent of increase for the price of the scooter?
Solution
To calculate the percent of increase for the price of the scooter, follow these steps:
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First, find the difference in price between this month and last month. Subtract the previous price from the current price. So, 35 = $21.
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Next, divide the difference by the original price. So, 35 = 0.6.
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Finally, to convert this to a percentage, multiply by 100. So, 0.6 x 100 = 60%.
Therefore, the percent of increase for the price of the scooter is 60%.
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