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The cost of a DVD box set increased from $30-$35 a student says that his represents a 5% increase in price explain the students air what is the actual percent increase

Verified Answer :

$12000035 is the wrong answer for sure

Answer:

\(16.666\%\)

Step-by-step explanation:

Initial cost = $30

New cost = $35

Change in cost = 35-30=$5

Percentage increase = \(\frac{change}{\text{Original price}} \times 100\)

Percentage increase = \(\frac{5}{30} \times 100\)

Percentage increase = \(16.666\%\)

Hence the actual percent increase is \(16.666\%\)