The cost of healthcare insurance for family of four rose from $4800 per year to $6400 per year. What was the person of increase in the cost

Question

The cost of healthcare insurance for family of four rose from $4800 per year to $6400 per year. What was the person of increase in the cost of health insurance for the family

0

Answers ( No )

    0
    2021-09-06T11:44:48+00:00

    Hello!

    To calculate percent increase, we must use a certain formula. The formula is:

    [(New Value – Old Value) / Old Value × 100]

    Substitute:

    [(6,400 – 4,800) / 4,800 × 100] = 33.33333333

    Since this is a repeating decimal and we don’t want to write all those 3s, simply put a bar above the 3 that’s after the decimal point, to indicate that it is a repeating decimal.

    ANSWER:

    The percentage increase is 33.3%(Repeating).

Leave an answer

Browse
Browse