SOLUTION: Jim's monthly pocket money was $80 after his birthday his monthly pocket money was increased by $110. calculate the percentage increase in his pocket money.

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Question 1092869: Jim's monthly pocket money was $80 after his birthday his monthly pocket money was increased by $110. calculate the percentage increase in his pocket money.
Answer by hgv (5) About Me  (Show Source):
You can put this solution on YOUR website!
Initial pocket money - 80
Increased by 110 :- New pocket money would be (80 + 110) = 190
Hence percentage increase:
Change in the value/Initial value * 100
[where change in value denotes :- new - initial]
i.e. (190 - 80) = 110
=> 110/80 * 100
137.5% increase.

Alternatively, it could be clearly seen from the question that change is 110. Pocket money increase BY 110. Thus directly can be put in the formula as 110/80 * 100