SOLUTION: In 2008, a monthly electric bill cost $56. Now in 2010, a monthly electric bill costs $64. Find the percent of change (to the nearest percent) in the cost of the electric bill an

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: In 2008, a monthly electric bill cost $56. Now in 2010, a monthly electric bill costs $64. Find the percent of change (to the nearest percent) in the cost of the electric bill an      Log On


   



Question 387855: In 2008, a monthly electric bill cost $56. Now in 2010, a monthly electric bill costs $64. Find the percent of change (to the nearest percent) in the cost of the electric bill and state if it is an increase or a decrease.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
8/56=0.143=14%