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28 April, 10:01

Joey opened a bank account 5 years ago with $100. today he has $1000 in the account. what is the percentage od increase?

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  1. 28 April, 10:21
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    To calculate the percentage increase:

    First: Find out the difference (increase) between the two numbers you are comparing.

    It is computed by: Increase = New Number - Original Number

    Second: Divide the increase by the original number and multiply the answer by 100.

    It is computed by: % increase = Increase : Original Number * 100.

    So in the problem:

    First step:Increase = 1000 - 100

    Increase = 900

    Second:

    % increase = 900 / 100 x 100%

    increase = 900% increase
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