SOLUTION: A popular brand of running shoes cost $68 for each pair. If the store sells the shoes for $119, what is the percent of increase in the price? I tried this:68/119=n/100

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: A popular brand of running shoes cost $68 for each pair. If the store sells the shoes for $119, what is the percent of increase in the price? I tried this:68/119=n/100       Log On


   



Question 358139: A popular brand of running shoes cost $68 for each pair. If the store sells the shoes for $119, what is the percent of increase in the price?

I tried this:68/119=n/100
6800=119n
n=57.1%
for some reason this answer just doesn't look right.....HELP!!!!

Answer by nerdybill(7384) About Me  (Show Source):
You can put this solution on YOUR website!
A popular brand of running shoes cost $68 for each pair. If the store sells the shoes for $119, what is the percent of increase in the price?
.
The "increase" is 119-68 = $51
.
So, the "percent of increase" is
51/68 * 100
.75 * 100
75%
.
That is, there was a 75% increase in price (from cost).