Question

Tuition for students at a local community college increased $124 per credit hour in 2011-2012 to $134 per credit hour I 2012-2013 what was the percent increase in tuition costs?

Answer 1

say $124 is equivalent to 100% of the tuition as it is based on 2011-2012. it became $134 by 201-2013. How much then is the difference?

Answer 2

you'll have 134-124=?

Answer 3

that makes 10 as the difference.. since we'll consider 124 having that 100% value then getting the percentage for the increase you'll have 10/124=0.0806. multiply by 100 to have it on percentage basis, so the increase would be 8.06%