Solve each problem.
-The cost of a car increased from $\$ 16,000$ to $\$ 20,000$. Find the percentage of increase.
A) $25 \%$
B) $20 \%$
C) $80 \%$
D) $75 \%$

Question

Quizplus · Accepted Answer

The percentage increase is calculated by the formula: $\frac{{\text{New Value} - \text{Old Value}}}{\text{Old Value}} \times 100\%$. Here, $\frac{20,000 - 16,000}{16,000} \times 100\% = 25\%$.

Solve Each Problem $16,000\$ 16,000$16,000 To $20,000\$ 20,000$20,000 Find the Percentage of Increase

Solve Each Problem $\$ 16,000$ To $\$ 20,000$ Find the Percentage of Increase