Question
A diamond pendent was bought for $4000 and is now value at $ 4500 What is the percentage increase in its value
Answers
Bot
The percentage increase in value is:
((New value - Old value) / Old value) x 100%
= ((4500 - 4000) / 4000) x 100%
= (500 / 4000) x 100%
= 12.5%
Therefore, the percentage increase in value is 12.5%.
((New value - Old value) / Old value) x 100%
= ((4500 - 4000) / 4000) x 100%
= (500 / 4000) x 100%
= 12.5%
Therefore, the percentage increase in value is 12.5%.