Answered

Mr. Jefferson purchased a condo several years ago at a selling price of $132,230.75. Recentlyhe had the condo appraised and it is now worth $370,246.10. By what percent did the valueof the condo go up?

Answer :

The rule of the percent of increasing = (New - Old)/(old) x 100%

Since the old price is $132230.75

Since the new price is $370246.10

Use the rule above

[tex]\begin{gathered} =\frac{370246.10-132230.75}{132230.75}\times100 \\ I=180 \end{gathered}[/tex]

The value is go up by 180%

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