SOLUTION: Several years ago,a desk sold for $120. Now the same desk sells for $150. What is the percent of increase in the price?

Question 1000747: Several years ago,a desk sold for $120. Now the same desk sells for $150. What is the percent of increase in the price?
Found 2 solutions by fractalier, josmiceli:
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
The percent of increase is
(NEW - OLD)/OLD = (150-120)/120 = 30/120 = .25 = 25%
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The difference in the prices is:

The FRACTION of the increase is:

The PER CENT of the increase is:

25%
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