Formula:
New price - Old price / old price
Substitute:
540 - 450 / 450
90 / 450
0.2
to calculate the percentage:
0.2 x 100
20
therefore, the price increased by 20%
Answer:
20 percent is the percent change
The new value is greater than the old value.
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Formula:
New price - Old price / old price
Substitute:
540 - 450 / 450
90 / 450
0.2
to calculate the percentage:
0.2 x 100
20
therefore, the price increased by 20%
Answer:
20 percent is the percent change
The new value is greater than the old value.