What is the percentage increase of rent from October to November?
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To calculate the percentage increase of rent from October to November, take the difference between the November rent and the October rent, then divide that number by the October rent. Finally, multiply by 100 to convert it to a percentage. For example, if your October rent was $1,000 and your November rent is $1,100, the increase is $100. So, ($100 ÷ $1,000) × 100 = 10% increase! It’s important to always double-check your numbers! A common mistake is to confuse the new amount with the original amount, which can lead to incorrect calculations. Make sure you're subtracting the correct months and dividing by the right figures to ensure accuracy!
