Question
the price of bread has increased from R12 to R15. calculate the percentage increase
Answers
Answered by
GPT 3.5
To calculate the percentage increase in the price of bread, we can use the formula:
Percentage increase = ((New Price - Old Price) / Old Price) x 100
Given:
Old Price (OP) = R12
New Price (NP) = R15
Percentage increase = ((15 - 12) / 12) x 100
Percentage increase = (3 / 12) x 100
Percentage increase = 0.25 x 100
Percentage increase = 25%
Therefore, the percentage increase in the price of bread is 25%.
Percentage increase = ((New Price - Old Price) / Old Price) x 100
Given:
Old Price (OP) = R12
New Price (NP) = R15
Percentage increase = ((15 - 12) / 12) x 100
Percentage increase = (3 / 12) x 100
Percentage increase = 0.25 x 100
Percentage increase = 25%
Therefore, the percentage increase in the price of bread is 25%.
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