Answer:
23%
Step-by-step explanation:
Step 1. Find increase of price amount
18.75 - 15.25 = 3.50
Step 2. Find the percentage increase
- Since we are finding the percent increase, we know that we need to find 3.50 is ____% of 15.25. We can simply do 3.50/15.25, which can be simplified to approximately 0.23.
- Note that percentage = 100 times decimal
100 x 0.23 = 23
The answer is 23%
Hope this helps :)
Have a nice day!
