The electric bill in may was $215.00 In June the bill was $274.00 What is the percent of increase rounded to the nearest tenth ?
Mathematics · Middle School · Thu Feb 04 2021
Answered on
Given the statement:
The electric bill in may was $215.00 In June the bill was $274.00.
Determine the percent of increase.
Solution:
In order to determine the percent of increase, we subtract the bill in June with bill in May.
= $274 - $215
= $59
Divide $59 by the bill in May.
= $59/$215
=0.2744
Since we are given a decimal answer, in order to convert it into percentage, we multiply the decimal by 100. Hence, in converting a percentage into decimal, we divide the percentage by 100.
= (0.2744)(100)
= 27.44%
Final answer:
The percent of increase is 27.44%.