Question

The Golds' home was assessed this year at a value of $162,000. Last year it had been assessed at $150,000. What was the percent of increase?

Answer 1

I think i know what u have to do

Answer 2

try 150,000x = 162000
then divide by 150000 to isolate x. Then move decimal place two to the left. Not sure though

Answer 3

percent increase = (the new amount - the old amount)/ the old amount.
Once you get that, multiply it by 100 to get the percent.
I will set it up for you :
percent increase = (162,000 - 150,000)/ 150,000 = x
Now multiply : 100 * x = percent increase