SOLUTION: A library​ expansion, begun in​ 2002, was expected to cost ​$101 million. By​ 2006, library officials estimate the cost would be ​$25 million over bu

Algebra.Com
Question 1029043: A library​ expansion, begun in​ 2002, was expected to cost ​$101 million. By​ 2006, library officials estimate the cost would be ​$25 million over budget. By what percent did the actual cost exceed the initial​ estimate?
Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
A library​ expansion, begun in​ 2002, was expected to cost ​$101 million. By​ 2006, library officials estimate the cost would be ​$25 million over budget. By what percent did the actual cost exceed the initial​ estimate?
----------
Quantity increase:: 25 million
Answer:: Percent increase:: (25/101) = 20%
---------------------
Cheers,
Stan H.

RELATED QUESTIONS

A library​ expansion, begun in​ 2002, was expected to cost ​$107... (answered by stanbon)
A library expansion begun in 2002 was expected to cost $109 million. By 2006 library... (answered by Fombitz)
A library expansion, began in 2002, was expected to cost $103 million. by 2006, library... (answered by checkley79)
A libary expansion begun in 2002 was expected to cost 127 million.by 2006 estimated cost... (answered by JulietG)
A library to cost $113 million By 2006, library officials estimate the cost would be $36... (answered by josmiceli)
Find the following for the function ​f(x)=lxl+20 ....note:the "l" next to x are... (answered by solver91311,Boreal)
Find ​m​∠​E ​in △​DEF​ if... (answered by MathLover1)
Find the following for the function​ f(x) = 4x+5/6x-7 ​(a) ​f(0)... (answered by solver91311)
The basic model of a particular car​ (2WD) with a power sunroof costs... (answered by solve_for_x)