Question
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2. The value of an autographed baseball card increased from \( \$ 39 \) to \( \$ 65 \). What is the percent increase in value of the baseball card, to the nearest percent?

Ask by Craig Cross. in Mexico
Feb 28,2025

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Answer

The baseball card increased by 67%.

Solution

To find the percent increase, subtract the original value from the new value, divide by the original value, and then multiply by 100. Step 1: Calculate the difference in value. Increase = New Value - Original Value = 65 - 39 = 26 Step 2: Divide the increase by the original value. Fractional increase = 26 / 39 = 2/3 ≈ 0.6667 Step 3: Convert to percent. Percent increase = 0.6667 × 100 ≈ 66.67% Rounding 66.67% to the nearest percent gives approximately 67%. So, the percent increase in value is 67%.

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To determine the percent increase in value, you start by calculating the difference in value. Subtract the original value from the new value: \( 65 - 39 = 26 \). Next, you divide this difference by the original value: \( \frac{26}{39} \). Finally, multiply by 100 to convert it to a percentage: \( \left( \frac{26}{39} \times 100 \right) \approx 66.67 \). Rounding this to the nearest percent, the percent increase in value is approximately \( 67\% \). This simple math problem demonstrates how valuable collectibles can appreciate over time! The thrill of buying or trading sports memorabilia doesn't just hinge on passion; savvy collectors keep a keen eye on market trends and values to gauge their investments' worth. Whether it's a baseball card, a rare comic, or a vintage toy, knowing how to calculate increases in value can make you a smarter collector!

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