Whe rent in October was R550 and in November it increased to R1 000 Whe percentage increase of rent from October to November?

To find the percentage increase in rent, you can subtract the old value (R550) from the new value (R1,000), which gives you R450. Next, divide that difference by the old value: R450 / R550 = 0.8181. Finally, multiply by 100 to convert it into a percentage, resulting in an increase of approximately 81.81%. So, the rent increased by about 81.81% from October to November! If you’ve ever had a sudden rent hike, you’re not alone! Many people experience this, especially in sought-after neighborhoods or during economic shifts. Understanding how to calculate percentage increases can help you anticipate and budget for changes in expenses, whether it's rent, utilities, or even your favorite snack! It can also empower you to negotiate better deals!