Question

Mr. Dunn purchased a pair of football cleats in 2015 for $120. This year he purchased an identical pair of $150. What is the percent of change? Increase or decrease?

Answer 1

to get your percentage change,
$\frac{new \: price \: - \: original \: price}{original \: price}$

new price - original price
$150 - $120 = $30

divide your answer by the original price
$30 ÷ $120 × 100 = 25% increase

the price increased because your new price is marked up higher than the original price