SOLUTION: A company finds that its advertising costs increased from $75,000 to $79,725 in 1 year. What was the rate of increase?

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Question 392197: A company finds that its advertising costs increased from $75,000 to $79,725 in 1 year. What was the rate of increase?
Found 2 solutions by edjones, MathLover1:
Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
79725-75000=4725
4725/75000=.063
.
Ed

Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!
A company finds that its advertising costs increased from $75000 to $79725 in 1 year. What was the rate of increase?
find percentage of the increase

75000+%2B+%28x%2F100%2975000+=+79725

+%28x%2F100%2975000+=+79725+-+75000

+%28x%2Fcross%28100%29%29750cross%2800%29+=+4725+

+x%2A750+=+4725+

+x+=+4725%2F750+
+x+=+6.3+%