the price of 350ml can of soft drink was increased from 6,15 to R6,35. calculate the percentage change or increased in the price of the soft drink

1 answer

To calculate the percentage increase in the price of the soft drink, you can use the following formula:

Percentage Change = ((New Price - Old Price) / Old Price) * 100

In this case:
Old Price = R6.15
New Price = R6.35

Percentage Change = ((6.35 - 6.15) / 6.15) * 100
Percentage Change = (0.2 / 6.15) * 100
Percentage Change = 0.0325 * 100
Percentage Change = 3.25%

Therefore, the price of the soft drink increased by 3.25%.