ACT Math : How to find the percent of increase

Study concepts, example questions & explanations for ACT Math

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Example Questions

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Example Question #11 :How To Find The Percent Of Increase

What is the percent increase fromto?

Possible Answers:

Correct answer:

Explanation:

To find percent change, subtract the "old" amount from the "new" amount, then divide the result by the "old" amount. The result is a percent increase if positive and a percent decrease if negative.

Example Question #12 :How To Find The Percent Of Increase

A fundraiser for a local charity raised $28,000 in donations last year. The fundraiser’s goal for this year is to exceed last year’s donations by 15%. So far, they have raised $31,000. How much more money must the fundraiser raise to reach their goal?

Possible Answers:

$5500

$3200

$4200

$1500

$1200

Correct answer:

$1200

Explanation:

First, let's calculate the value of this year's expected goal. Start by calculating 15 percent of last year's goal. Do this by converting 15 percent to a decimal by moving the decimal point two spaces to the left, and then multiplying this number by last year's goal.

Now, we can add this value to last year's goal to obtain the expected goal for this year's fundraiser.

Since $31,000 has been raised so far, the amount remaining is as follows:

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