What is the percent of increase?

Question

The price of a TV increased from $450 to $500. What is the percent of increase?

Answer 1

Original price = $450

Increased price = %500

Increase in price =  500 - 450 

                           =  $50.

Percentage increase  =  ( Increase in price / Original Price ) X 100

                                   =  ( 50 / 450 ) X 100

                                   =  11 1/9 %

Answer :

Percentage increase  in price is 11 1/9 %