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2007-01-14 03:31:42 · 11 answers · asked by anthony_adamoa_adamo 1 in Education & Reference ➔ Homework Help
The increase in rent is the difference between $1,200 and $1,400. That works out to $200 (1400 minus 1200).
Divide the difference of $200 by the original rent amount of $1200. $200 divided by $1200 equals 0.16666666667. That is the same as 16.7%
So, the increase is +16.7%.
2007-01-14 03:48:44 · answer #1 · answered by BugsySkybone 3 · 1⤊ 0⤋
When calculating any percentage, you must first determine which percentage you are looking for... and what information you have available.
In this case, you have two pieces of information... Old rent ($1200) and New rent ($1400) From this information you can calculate two percentages...
1) What percentage of the Old rent is the New rent? and that would be solved by dividing the Old rent by the New rent to get a decimal and multiplying by 100 to get a percent:
$1400 / $1200 = 1.16666666
1.16666666 X 100 = 116.6666%
and
2) What percentage of the New rent was the Old rent? and that would be solved by dividing the New rent by the Old rent to get a decimal and multiplying by 100 to get a percent:
$1200 / $1400 = 0.8571428
0.857148 X 100 = 85.7148%
BUT... neither of these answer the question... so you need more information. The question asks for the percent of increase. Can you determine the increase from the information that you have? Yes! Subtract the Old rent from the New rent and you have a new piece of information... Increase = $200
Increase is calculated from the smallest of your numbers (otherwise it would be a Decrease!) For this question, you would divide the Increase by the Old rent to get a decimal and multiply that number by 100 to get a percent:
$200 / $1200 = .166666666
.16666666 X 100 = 16.666666%
Notice... In the first set of calculations... the New rent is 116.66666 of the Old Rent. The Old rent was 100%, so if you subtract that from the New rent percentage...
116.66666% -100% = 16.6666%
and that's the same answer we got from first calculating the amount of the increase!!!
Isn't math wonderful?
2007-01-14 12:19:24 · answer #2 · answered by sagacity_ron 2 · 0⤊ 0⤋
1. Subtract the old rent from the new rent (1400-1200) = 200 increase.
2. Divide the increase by the old rent, 200/1200 = 0.16666, or 16.66%
2007-01-14 11:38:14 · answer #3 · answered by OldButStillKicking 2 · 0⤊ 0⤋
The increase is $200, so the percent is $200 / $1200 = 16.666%
2007-01-15 01:17:32 · answer #4 · answered by Irma R 2 · 0⤊ 0⤋
Logically- Raised by $200 which is 1/6 of $1200. 1/6 is16.67%.
Mathematically- 200/1200 * 100= 16.67
2007-01-14 11:38:46 · answer #5 · answered by Girly girl 3 · 0⤊ 0⤋
$200 / $1200 = 16.67% increase
2007-01-14 11:40:20 · answer #6 · answered by Dana Katherine 4 · 0⤊ 0⤋
from profibility analysis 1400 from 1200 is a 16.6% change
2007-01-14 11:41:01 · answer #7 · answered by MBA Chick 2 · 0⤊ 0⤋
wrong. it was raised $200, or 1/6 of the original price. Thats 16.6666%
2007-01-14 11:37:21 · answer #8 · answered by mxzptlk 5 · 0⤊ 0⤋
It will be somewhere in between 12%and 15% but what diffrence
does it make, you just got more money right.and if the place is worth it well, just remember that gas goes up and rent goes up...
2007-01-14 11:39:56 · answer #9 · answered by icon3232 1 · 0⤊ 1⤋
16.666666666666666666666666666%....is the correct answer.....
2007-01-14 11:42:01 · answer #10 · answered by Dan A 2 · 0⤊ 0⤋