An lcd flat screen tv at best buy increased in price from $900 to $1,200. what was the percent of increase?
Answer:
Percent increase in the price of the TV is 33.33%
Step-by-step explanation:
A lcd flat screen TV at best buy has the price = $900
After increase in the price TV costs = $1200
Now the increase in the price = 1200 - 900 = $300
Now we have to find the percent increase in the price of lcd TV.
Percent increase = \(\frac{\text{Increase in price}}{\text{Original price before hike}}\)×100
= \(\frac{300}{900}\times100\)
= 33.33%
Therefore, percent increase in the price of the TV is 33.33%