Question

The British government on Thursday estimated the cost of
hosting the 2012 Olympics in London at 9.3 billion pounds,
nearly four times initial projections. When Britain won the
Olympics in 2005, the Games were expected to cost 2.4 billion
pounds.
Actually, the projections increased by
percent,
not 400%.
the Olympics in 2005, the were expected to cost 2.4 billion pounds. What was the actual increase?

Answer 1

The actual increase in the cost to host the Olympics is 287.50%.

What are percentages?

Percentage is the fraction out of an amount expressed as a number out of hundred. Percentages are a measure of frequency. The sign used to represent percentages is %.

What was the percentage increase?

Percentage increase = (increase in cost / initial cost) x 100

Increase in cost = 9.3 billion - 2.4 billion = 6.9 billion

Percentage increase = (6.9 / 2.4) x 100 = 287.50%

To learn more about percentages, please check: https://brainly.com/question/25764815