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<p>To find the percentage increase in price, follow these steps:</p> <ol> <li> <p>First, find the increase in price by subtracting the original price from the new price. In this case, $55.25 (new price) - $50 (original price) = $5.25.</p> </li> <li> <p>Next, divide the increase in price by the original price. So, $5.25 (increase in price) ÷ $50 (original price) = 0.105.</p> </li> <li> <p>Finally, to convert this number into a percentage, multiply by 100. So, 0.105 x 100 = 10.5%.</p> </li> </ol> <p>Therefore, the percentage increase in price is 10.5%.</p> ####

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<p>To find the percentage increase in price, follow these steps:</p> <ol> <li> <p>First, find the increase in price by subtracting the original price from the new price. In this case, 55.25(newprice)55.25 (new price) - 50 (original price) = 5.25.</p></li><li><p>Next,dividetheincreaseinpricebytheoriginalprice.So,5.25.</p> </li> <li> <p>Next, divide the increase in price by the original price. So, 5.25 (increase in price) ÷ $50 (original price) = 0.105.</p> </li> <li> <p>Finally, to convert this number into a percentage, multiply by 100. So, 0.105 x 100 = 10.5%.</p> </li> </ol> <p>Therefore, the percentage increase in price is 10.5%.</p> ####

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