Description
My account went up 70 cents in a week from $5,152. 39 (5153.09). What percent increase is that? Thank you
Explanation & Answer
Percentage increase = (increase/ initial value) x 100
Increase = New value - Initial value
Initial value = $ 5152.39
New value = $ 5153.09
Increase = $ 5153.09 - $ 5152.39 = $ 0.7
Percentage increase = (0.7/5152.39) x 100 = 0.013585928 %
which equals to 0.0136 % to the nearest four decimal places.
NB:To find the percentage increase: First: work out the difference between the two numbers you are comparing. Then divide the increase by the( initial) original value and multiply the answer by 100.
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