A few years ago, Sarah acquired lanes valued at $11,200. Today the same land is valued at $11,648. Find the percent increase in the property's value. Round your answer to the nearest hundredth if necessary

Question

Mathematics

Abel Baker

4 January, 02:08

A few years ago, Sarah acquired lanes valued at $11,200. Today the same land is valued at $11,648. Find the percent increase in the property's value. Round your answer to the nearest hundredth if necessary

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Answers (1)

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Renee Cunningham · Answer 1

4%

Step-by-step explanation:

% increase = ((new number - original number) / original number) * 100

= (11648 - 11200) / 11200) * 100

= (448 / 11200) * 100

= 0.04 * 100

= 4% increase <===