January 25th, 2010
PLEASE help quick! One math problem?
Nicole bought a piece of property for $12,000. She sold it for $15,000. What is the percent of increase?
a)10%
b)15%
c)87.5%
d)92.5%
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percent of increase = {($15000 — $12000)/$12000}*100% = 25%
12000x = 3000
x = 3000/12000 = .25 = 25%
I believe that you have no answer there. Check the question.
well the answer should be 25%
12,000 x .25 = 3,000
3,000 + 12,000 = 15,000