Ann's rent increased from \( \$ 1,200 \) to \( \$ 1,350 \). By what percent did her rent increase?
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To find the percent increase in Ann's rent, we first calculate the difference in rent. The increase is \( 1,350 - 1,200 = 150 \). Next, we take the increase and divide it by the original rent: \( \frac{150}{1,200} \). Now, multiply by 100 to convert it to a percentage: \[ \frac{150}{1,200} \times 100 = 12.5\% \] So, Ann's rent increased by \( 12.5\% \). To further illustrate, let's consider how such increases can impact budgets. With a rent hike like Ann's, someone might need to adjust their discretionary spending or even explore potential side hustles to compensate. Every dollar counts when navigating the ups and downs of rental prices! Additionally, thinking of rental increases, many people overlook the importance of lease negotiations. If you’re facing a similar situation, don't hesitate to communicate with your landlord about potential adjustments or better payment terms; sometimes, a friendly chat can lead to unexpected benefits!