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You rented space for a kiosk at the mall last year for the holiday season for $750. This year they increased it to $825. What is the percent increase?

Sagot :

Answer:

10%

Explanation:

Cost of kiosk last year = $750

Cost of kiosk this year = $825

Percentage increase = $825-$750 / $750 * 100

Percentage increase = $75 / $750 * 100

Percentage increase = 10%

So the percentage increase in the cost of rent is 10%.