Question

Ford Motor Company sells the Fusion SES for $24,400. The Fusion Hybrid sells for $29,975. What is the percentage increase in price for the Hybrid over the Fusion SES? (Round to tenth.)

Answer 1

Answer:

The percentage increase in price for the Hybrid over the Fusion SES is of 22.84%, which means that the Hybrid is 22.84% more expensive that the Fusion SES.

Rounded to the nearest tenth, it is an increase of about 20%.

Step-by-step explanation:

Fusion SES has a value of $24,400, while the Fusion Hybrid has a value of $29,975. Therefore, the difference between both is of $5,575 (29,975 - 24,400 = 5,575).

In order to know the percentage increase in price for the Hybrid over the Fusion SES, we have to do the following calculation:

5,575 / 24,400 x 100 = Percentage increase in price

0,2284 x 100 = 22.84

The percentage increase in price for the Hybrid over the Fusion SES is of 22.84%, which means that the Hybrid is 22.84% more expensive that the Fusion SES.

Round to the nearest tenth, it is an increase of about 20%.

Answer 2

Percent increase is:
Change/original * 100
(29975-24400)/24400
5575/24400= .228 * 100=
22.8%