an education budget went from $800,000 to $900,000. what is the approximate percent increase?

First, calculate the difference between the two given budgets. $900,000 - $800,000 = $100,000. Divide the difference obtained by the original budget and then multiply by 100%
($100,000 / $800,000) x 100% = 12.5%

Thus, the answer to the question above is that the percent increase is 12.5%.

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JeanaShupp JeanaShupp · Answer 2 · 2018-11-30T09:29:20+01:00

Answer: 12.5 %

Step-by-step explanation:

Previous education budget=$800,000

Next education budget= $900,000

Increase in education budget= Next education budget-Previous education budget

[tex]=\$900,000-\$800,000\\=\$100,000[/tex]

Percent increase[tex]=\frac{\text{Increase in education budget}}{\text{Previous education budget}}\times100[/tex]

[tex]=\frac{\$100,000}{\$800,000}\times100[/tex]

[tex]=\frac{1}{8}\times100\\\\=12.5\%[/tex]

The approximate percent increase is 12.5%.