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QuestionIf the new price is $5795.00 and the old price is $4735.00, then by what percent did it increase?Community Answer5795 - 4735 = 1060 (price increase). 1060 divided by 4735 (original price) = 0.2239, or 22.39%.
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QuestionHow do I find the total of a large number divided by 100?DonaganTop AnswererJust move the decimal point in the large number two places to the left.
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QuestionIf electricity has increased by 5%, how would I apply that increase and still keep customers?DonaganTop AnswererDecide what percentage of your total expenses represents your electricity costs, then multiply that percentage by 5%, and increase your prices by that amount. If you're worried about losing customers when raising prices, raise them even less. If your electric bill is a small percentage of your total overhead, you may decide not to raise prices at all.
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QuestionIf we know the new price and the increase price, how can we get the original price?Community AnswerAdd the % increase to 100 then divide the new price by this number. Multiply your answer by 100. For example, if after a 5% increase, the new price is £50, the original price was: (50/105)x100= £47.62 (nearest 1p).
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QuestionHow do I calculate cost reduction percentage?Community AnswerMultiply by the remainder of your percentage. For example, if a pair of shoes was decreased in price by 20%, multiply it by 0.80.
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QuestionWhy do some business people prefer percentage increase or decrease rather than the actual price increase or decrease?DonaganTop AnswererPercentages make it easier to compare one increase/decrease with another.
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QuestionIf I want to increase the retail price by $.10 how would I get the percentage?DonaganTop AnswererDivide .10 by the current price. For example, if the current price is $2.00, you would divide that into $0.10, which gives you 0.05. That's a 5% increase.
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QuestionHow do I find the percentage of a price?DonaganTop AnswererConvert the percentage to a decimal (by moving the decimal point two places to the left), then multiply the decimal by the price.
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QuestionI am researching historical property prices for Sydney. 1915 cost was $1470, in 2016 sold for $1.70 million. How do I work out percentage increase?DonaganTop AnswererDivide the earlier number into the later number. Multiply the quotient by 100 to get a percentage.
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QuestionHow do I find the new amount given the original amount and the percent of change?Community AnswerMultiply original amount times 1 +(%change). For example, original amount is $10 with a percent change of negative 5%. New amount will be ($10) X (1+(-5)) = ($10) x (0.95) = $9.50.
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QuestionHow do I find what something would cost in 20 years if it went up 3 percent every year?DonaganTop AnswererThe cost would increase roughly 60% in 20 years, so multiply the current cost by 1.6.
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QuestionHow do I find a fixed % uplift per year over a 10-year period?DonaganTop AnswererThe easy way is to multiply the percentage by 10, and apply that to the original cost at year zero. You could use a slightly more accurate but much more complicated formula involving exponents, but it may not be worth the bother.
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QuestionHow do I calculate the unit price for a gallon of milk?Community AnswerThe unit price should be shown on the aisle label for the product.
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QuestionDo I use the same formula if there is a reduction in the price?DonaganTop AnswererYes. Subtract the new price from the old price, then divide the difference by the old price. The only difference in this case is that the new price is the lower price rather than the higher price.
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QuestionHow do I calculate a cost of living raise of 3%? Do I calculate it on my gross salary?DonaganTop AnswererYes.
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QuestionHow much is six percent when added to 4.07?Community Answer1) 6% = 6/100 = 0.06. 2) 6% of 4.07 = 0.06*4.07 = 0.24. 3) Therefore, six percent (0.24) when added to 4.07 = 4.31
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QuestionWhat would a 4% increase on $10/hour equal?Community AnswerIt's 4 divided by 100, in other words $10 x 4 = $40/100 = $0.40. The new figure will be $10.40.
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QuestionHow do I figure out a 1.7% increase on a set tuition rate?DonaganTop AnswererTo find the increase, multiply the current tuition by 0.017. To find the new tuition, add the increase to the current tuition.
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QuestionHow do I calculate average percentage increase?DonaganTop AnswererFind the average increase, and divide that by the original cost or price.
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QuestionI have a 118% increase on a product. I need to apply this to another product, what is the calculation?DonaganTop AnswererMultiply the current price by 2.18. (This is the equivalent of multiplying the current price by 1.18 -- or 118% -- and then adding that to the current price.)
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