SOLUTION: The price of a cup of coffee was $2.20 yesterday. Today, the price rose to $2.55 Find the percentage increase. Round your answer to the nearest tenth of a percent.

Algebra ->  Algebra  -> Finance -> SOLUTION: The price of a cup of coffee was $2.20 yesterday. Today, the price rose to $2.55 Find the percentage increase. Round your answer to the nearest tenth of a percent.       Log On

Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!
Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!

   


Question 232472: The price of a cup of coffee was $2.20 yesterday. Today, the price rose to $2.55 Find the percentage increase. Round your answer to the nearest tenth of a percent.
Answer by stanbon(26297) About Me  (Show Source):
You can put this solution on YOUR website!
The price of a cup of coffee was $2.20 yesterday. Today, the price rose to $2.55 Find the percentage increase. Round your answer to the nearest tenth of a percent.
Quantity increase: 2.55-2.20 = 0.35
Percent increase: 0.35/2.20 = 15.91%
=========================================
Cheers,
Stan H.