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A product's price increased from $200 to $250. What is the percentage increase i
A product's price increased from $200 to $250. What is the percentage increase in the price?
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A product's price increased from $200 to $250. What is the percentage increase in the price?
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Percentage increase = ((250 - 200)/200)*100 = (50/200)*100 = 25%.
Questions & Step-by-step Solutions
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Q
Q: A product's price increased from $200 to $250. What is the percentage increase in the price?
Solution:
Percentage increase = ((250 - 200)/200)*100 = (50/200)*100 = 25%.
Steps: 6
Show Steps
Step 1: Identify the original price of the product, which is $200.
Step 2: Identify the new price of the product, which is $250.
Step 3: Calculate the difference between the new price and the original price: 250 - 200 = 50.
Step 4: Divide the difference by the original price: 50 / 200.
Step 5: Multiply the result by 100 to convert it to a percentage: (50 / 200) * 100.
Step 6: Calculate the final result: 25%.
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