Problem

Tuition at a college went up from $\$ 29,000$ per year to $\$ 31,000$ per year. What is the percentage of increase? Round to the nearest percent

Solution

Step 1 :Calculate the difference between the new tuition and the original tuition: \( \$ 31,000 - \$ 29,000 \)

Step 2 :Divide the difference by the original tuition: \( \frac{\$ 2,000}{\$ 29,000} \)

Step 3 :Multiply the result by 100 to get the percentage: \( \frac{\$ 2,000}{\$ 29,000} \times 100 \)

Step 4 :Round the percentage to the nearest whole number: 6.896551724137931 \approx 7

Step 5 :\( \boxed{7} \)

From Solvely APP
Source: https://solvelyapp.com/problems/FCB26867fs/

Get free Solvely APP to solve your own problems!

solvely Solvely
Download