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Earn +20 ptsQ: If you increase price by 45 percent and quantity increases by 53 percent?
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A price increased from 30 to 50 Find the percent of increase?
The percent of the increase is: 66.67%
When the percent change in price is equal to the percent change in quantity demanded demand is said to be what?
in equilibrium
How do you find the new price of an item if you know the original price and the percent of increase?
Convert the percent of increase into a decimal, multiply that by the original price and take that answer, and add it on to the original price. BAM. new price:)
If a can of paint increased in price from 24.00 to 30.00 what is the percent of the price increase?
30/24 = 1.25The increase is 25%.
The price of gum rises from 5 cents to 15 cents what is the percent increase in price?
It increased by 10 cents. Take the increase and divide it by the original price: 10/5 = 2. Multiply this by 100 to get the percent increase: 2 x 100 = 200%.
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