Question

How do you find the percent change if original: $53 and new: $75?

Answer 1

The change is relative to the original value, so it will be `(75-53)/53xx100/1 = 41.5%` change.

Explanation:

The change is `$75-$53=$22`. We compare this change to the original value, not the final value. `($22)/($53)=0.415`. A percentage means 'out of 100', so multiplying by `100` to get `41.5%` gives us our answer.