Verified Answer :

meerkat18

First, calculate the difference between the two given budgets. $900,000 - $800,000 = $100,000. Divide the difference obtained by the original budget and then multiply by 100%
                              ($100,000 / $800,000) x 100% = 12.5%

Thus, the answer to the question above is that the percent increase is 12.5%.

JeanaShupp

Answer: 12.5 %


Step-by-step explanation:

Previous education budget=$800,000

Next education budget= $900,000

Increase in education budget= Next education budget-Previous education budget

\(=\$900,000-\$800,000\\=\$100,000\)

Percent increase\(=\frac{\text{Increase in education budget}}{\text{Previous education budget}}\times100\)

\(=\frac{\$100,000}{\$800,000}\times100\)

\(=\frac{1}{8}\times100\\\\=12.5\%\)

The approximate percent increase is 12.5%.

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