Created on 2024-06-20Asked by Madison Flores (Solvelet student)
Calculate a 20% increase on a value of $500.
Solution
To calculate a 20% increase on a value of \$500: 1. Determine the increase: \[ \text{Increase} = 500 \times \frac{20}{100} = 100. \] 2. Add the increase to the original value: \[ \text{New value} = 500 + 100 = 600. \] Therefore, a 20% increase on a value of \$500 results in a new value of \$600. Solved on Solvelet with Basic AI Model
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DefinitionFractions express numbers as a fraction of 1, and percentages express numbers as a fraction of 100. Ratios and proportions can be compared using them. The % symbol denotes a percentage. Examples-25% of 200 = 0.25×200 = 50.