the price of a notebook was $3.50yesterday. Today, the price rose to $3.75. Find the percentage increase. Round your answer to the nearest tenth of a percent.
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OpenStudy (mertsj):
How much did the price increase?
OpenStudy (anonymous):
yes but by % and i have to round it to the nearest tenths percent
OpenStudy (mertsj):
You know. I could help you a lot better if you would just answer my question.
How much did the price increase?
OpenStudy (anonymous):
oh im sorry...0.25
OpenStudy (mertsj):
How much was the notebook in the beginning?
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OpenStudy (anonymous):
3.50
OpenStudy (mertsj):
Do you have a calculator?
OpenStudy (anonymous):
yes
OpenStudy (mertsj):
Divide the increase, which is .25 by the original price which is 3.50
What do you get?
OpenStudy (anonymous):
14
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OpenStudy (mertsj):
I got .071429
OpenStudy (anonymous):
okay ur right
OpenStudy (mertsj):
\[\frac{.25}{3.50}=\]
OpenStudy (mertsj):
Now change it to percent by moving the decimal point 2 places to the right.
OpenStudy (mertsj):
7.1429%
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OpenStudy (mertsj):
Now we have to round it to the nearest tenth. 1 is in tenths place. The number to the right of the 1 is a 4. 4 is less than 5 so we will not change the 1 to a 2
OpenStudy (mertsj):
7.1% is the percent increase to the nearest tenth.