SOLUTION: if I pay .25 cents for an item and sell it for 35.00 what is the percent increase? I believe 100% would of course be 50 cents. 75 cents would be 1000%? I am confused help please, t

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Question 565534: if I pay .25 cents for an item and sell it for 35.00 what is the percent increase? I believe 100% would of course be 50 cents. 75 cents would be 1000%? I am confused help please, thank you, lori
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
if I pay .25 cents for an item and sell it for 35.00 what is the percent increase? I believe 100% would of course be 50 cents. 75 cents would be 1000%? I am confused help please, thank you, lori
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I believe 100% would of course be 50 cents. That's correct.
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75 cents would be 1000%?
That's an increase of 50 cents = 200% increase
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If you mean 25 cents, and not .25 cents, and $35,
3500/25 = 140 times
--> 139 times more
= 13,900% increase
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