SOLUTION: Kelly used to pay $500 a month for rent. Now she pays $525 a month for rent. By what percent did her rent increase?

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Question 1031667: Kelly used to pay $500 a month for rent. Now she pays $525 a month for rent. By what percent did her rent increase?
Found 2 solutions by Fombitz, fractalier:
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
%28%28%28525-500%29%29%2F500%29%2A100=25%2F5=5
5% increase.

Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
% increase = (new amount - old amount)/old amount (x 100%) = (525 - 500)/500 = 25/500 = .05 (x 100%) = 5%