A price increases from 40 to 48. What is the percent increase?

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Multiple Choice

A price increases from 40 to 48. What is the percent increase?

Explanation:
Percent increase is found by (new minus old) divided by the original amount, then times 100. The price rises from 40 to 48, so the increase is 8. 8 divided by the original 40 equals 0.2, which is 20%. So the price went up by 20%. Quick check: 20% of 40 is 8, and 40 + 8 = 48, which matches the new price. Using a different base would give other percentages, but the correct method uses the original price as the base.

Percent increase is found by (new minus old) divided by the original amount, then times 100. The price rises from 40 to 48, so the increase is 8. 8 divided by the original 40 equals 0.2, which is 20%. So the price went up by 20%. Quick check: 20% of 40 is 8, and 40 + 8 = 48, which matches the new price. Using a different base would give other percentages, but the correct method uses the original price as the base.

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