Answer:
Percent increase = 25%
Step-by-step explanation:
Given that:
Old price of shoes = $65
New price of shoes = $81
Difference = 81 - 65
Difference = 16
Percent increase = [tex]\frac{Difference}{Old\ price}*100[/tex]
Percent increase = [tex]\frac{16}{65}*100[/tex]
Percent increase = 0.246 * 100
Percent increase = 24.6%
Rounding off to nearest whole number
Increase = 25%
Hence,
Percent increase = 25%
