SOLUTION: If I raise the rent of my apartment from $2700 dollars to $3000 dollars is that an 11% increase?
If I raise it from $2700 to $3200 would that be a 20% increase?
Thank you,
Question 626644: If I raise the rent of my apartment from $2700 dollars to $3000 dollars is that an 11% increase?
If I raise it from $2700 to $3200 would that be a 20% increase?
Thank you,
Mathmatically challenged landlord Answer by ewatrrr(24785) (Show Source):
Hi,
If I raise the rent of my apartment from $2700 dollars to $3000 dollars is that an 11% increase? 3000/2700 = 1.11 0r 11% increase
If I raise it from $2700 to $3200 would that be a 20% increase? 3200/2700 = 1.185 or 18.5% increase