The original price was $300. It is sold for $387. What percentage was the original price
The original price was $300. It is sold for $387. What percentage was the original price
The original percentage was 100% when it was purchased. But, by the time it was sold it had increased in value to 387.
So, the percentage increase from 300 to 387 is,
387/300=1.29 - 1=.29 X100=29% increase
If you want to know what percent of 387 is 300, then just do the reverse, i.e.,
300/387=.7716 X100=77.16%
