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One year the price of a motorcycle $3,000 it increased to $3,550 another year what is the percent increase in its price round your answer to 2 decimal places

 Jan 16, 2020

Best Answer 

 #1
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The clearest way to calculate this is to use 100*(1-(Xt2/Xt1))  where X is the price and t is the year.

 

Which translates to 100*(1-(3550/3000))=18.33%

 

The *100 is simply there to get 18.33 instead of 0.1833 which might make it easier to read out.

 

 Jan 16, 2020
 #1
avatar+122 
+2
Best Answer

The clearest way to calculate this is to use 100*(1-(Xt2/Xt1))  where X is the price and t is the year.

 

Which translates to 100*(1-(3550/3000))=18.33%

 

The *100 is simply there to get 18.33 instead of 0.1833 which might make it easier to read out.

 

danne9000 Jan 16, 2020

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