SOLUTION: When the price of a chain increased from 16.4 cents to 20.5 cents, what was the percent increase in the cost of chain?

Question 795466: When the price of a chain increased from 16.4 cents to 20.5 cents, what was the percent increase in the cost of chain?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
When the price of a chain increased from 16.4 cents to 20.5 cents, what was the percent increase in the cost of chain?
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Quantity increase: 20.5-16.4 = 4.1 cents
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Percent increase: 4.1/16.4 = 1/4 = 25%
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Cheers,
Stan H.
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