latrondaisley latrondaisley

22-07-2017
Mathematics

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The amount In a savings account increased from $300 to $309. What was the percent of increase?

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mreijepatmat mreijepatmat

28-07-2017

1st Method: Increase formula = (last value- first value)/(first value)

increase = (309-300)/300 = 9/300 = 3/100 = 0.03 or 3%

2nd Method: 309/300 = 103/100 = 1.03 (increase over 1 is 0.03 = 3%)

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