SOLUTION: Hi, please can you tell me the reason two charges on a bill increase at different percentage rates when he increase is the same for both?
23 increases to 30=7 or 30.43%
53 incr
Question 731723: Hi, please can you tell me the reason two charges on a bill increase at different percentage rates when he increase is the same for both?
23 increases to 30=7 or 30.43%
53 increases to 60=7 or 13.20%
The difference between the two elements 23 ad 53 is fixed at £30 each year.
Thanks
Sharon Answer by Alan3354(69443) (Show Source):
You can put this solution on YOUR website! Hi, please can you tell me the reason two charges on a bill increase at different percentage rates when he increase is the same for both?
23 increases to 30=7 or 30.43%
53 increases to 60=7 or 13.20%
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The % change calculation uses the "starting value" as a base.
7/23 --> 30%
7/53 --> 13%
