Is the value of the new amount greater or less than the value of the original amount?
Increase; 30 %.
Practice makes perfect
To determine the percent change p, we can use the following general formula.
p % =Amount of increase or decrease/Original amountFrom the given values, we can see the original amount was $5000 and the new amount is $6500. This is an increase in the amount.
6500-5000=$ 1500
The difference between the new amount and the original amount is $ 1500. Now we can use the formula.
