SOLUTION: Solve this equation please (Also explain and show work): A skirt's price was increased from $20 to $25. Find the percent of the increase.

Question 4639: Solve this equation please (Also explain and show work):
A skirt's price was increased from $20 to $25. Find the percent of the increase.
Answer by jainenderkapoor(61) (Show Source): You can put this solution on YOUR website!
In these type of questions we are mainly concerned with three things.
Original Price -- Increased Price --- Increase
and the increase is given by :- Increase = Increased price - Original Price
Original Price -- Decreased Price --- Decrease
and the decrease is given by :- Decrease= Decreased price - Original Price
And the percentage for Increase or Decrease is given by the FORMULA
(Increase/Original Price) * 100
OR
(Decrease/Original Price) * 100
In both the cases we USE ORIGINAL PRICE
NOw coming to the question --
Original Price = $ 20
Increased Price = $ 25
WHAT IS THE INCREASE ???
YES IT IS $25 - $20 = $5
CAN YOU FIND THE PERCENTAGE NOW ??
IT IS ($5/$20)*100 = $500/$20 = 25%
HOPE IT IS CLEAR
If you need any help, you can contact me. I am avaliable for Online Tutoring also. Contact me on kapoorjai1@rediffmail.com
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