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

Question

UpStudy AI · Accepted Answer

**Step 1:** Calculate the difference in rent.

$$
\Delta = 1000 - 550 = 450
$$

**Step 2:** Compute the percentage increase using the formula:

$$
\text{Percentage Increase} = \frac{\Delta}{\text{Original Rent}} \times 100 = \frac{450}{550} \times 100
$$

**Step 3:** Simplify the fraction:

$$
\frac{450}{550} = \frac{45}{55} = \frac{9}{11} \approx 0.8182
$$

**Step 4:** Convert to a percentage:

$$
0.8182 \times 100 \approx 81.82\%
$$

Thus, the rent increased by approximately $$81.82\%$$.
The rent increased by approximately 81.82%.

Upstudy AI Solution