Calculate the percentage increase if the price of a 2 kg rice increased From R10 to R30
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To find the percentage increase, you subtract the original price from the new price, divide the result by the original price, and then multiply by 100. So, you take R30 - R10 = R20. Then, you divide R20 by R10 to get 2, and multiply by 100 to find that the percentage increase is 200%. That's a hefty jump! Price hikes are common, and they often reflect changes in supply and demand or factors like inflation. It's interesting how something as basic as rice can be influenced by global events. So when you're at the store, remember that every grain has a story!
