Question

What formula will you use to solve for the old price of an item which is now priced at $${$46}$$ after a percent increase of $$5\%$$?

Accepted Answer

$$percent \;change\; = [(new\; value\; – \;old \;value) ÷\; old \;value] \cdot 100\%$$

Flashcard 15 - Upper Level: Quantitative Reasoning Flashcard Set for the ISEE

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