A price increases from 40 to 48. What is the percent increase?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $9.99Unlock all

Study for the GMAS 6th Grade Mathematics Test. Prepare with flashcards and multiple choice questions that feature hints and explanations. Equip yourself for success!

Multiple Choice

A price increases from 40 to 48. What is the percent increase?

Explanation:
Percent increase is found by (new minus old) divided by the original amount, then times 100. The price rises from 40 to 48, so the increase is 8. 8 divided by the original 40 equals 0.2, which is 20%. So the price went up by 20%. Quick check: 20% of 40 is 8, and 40 + 8 = 48, which matches the new price. Using a different base would give other percentages, but the correct method uses the original price as the base.

Percent increase is found by (new minus old) divided by the original amount, then times 100. The price rises from 40 to 48, so the increase is 8. 8 divided by the original 40 equals 0.2, which is 20%. So the price went up by 20%. Quick check: 20% of 40 is 8, and 40 + 8 = 48, which matches the new price. Using a different base would give other percentages, but the correct method uses the original price as the base.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy