SOLUTION: If I raise the rent of my apartment from $2700 dollars to $3000 dollars is that an 11% increase? If I raise it from $2700 to $3200 would that be a 20% increase? Thank you,

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Question 626644: If I raise the rent of my apartment from $2700 dollars to $3000 dollars is that an 11% increase?
If I raise it from $2700 to $3200 would that be a 20% increase?
Thank you,
Mathmatically challenged landlord
Answer by ewatrrr(10682) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi,

If I raise the rent of my apartment from $2700 dollars to $3000 dollars is that an 11% increase? 3000/2700 = 1.11 0r 11% increase



If I raise it from $2700 to $3200 would that be a 20% increase? 3200/2700 = 1.185 or 18.5% increase