How do I work out a percentage increase
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How do I work out a percentage increase

[From: ] [author: ] [Date: 11-12-07] [Hit: ]
The price increases by 6%.What is the new price?-23.50 X 1.06-You multiply 23.50 times 0.......
I've suddenly forgotten how to work it out!

Here's an example:

A train ticket costs £23.50
The price increases by 6%.

What is the new price?

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23.50 X 1.06

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You multiply 23.50 times 0.06. Then you add the result to 23.50.

23.50 x 0.06 = 1.41 + 23.50 = 24.91

24.91 is the answer.

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First, you find 6% of £23.30 which is £1.41, then just take the original amount (£23.50) and add 6% which gives you £24.91. Hope this helps...
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