The price of your favorite brand of jeans was $35 last month. This month the price is $42. What is the percent of change from last month to this month?

Answer 1

The price increase is:

$42 - $35 = $7

The percentage price increase is:

( $7 / $35) • 100%

( 7 / 35 ) • 100% =

( 7 • 1 / 7 • 5 ) • 100% =

( 1 / 5 ) • 100% = 0.2 • 100% = 20%