an education budget went from $800,000 to $900,000. what is the approximate percent increase?\nthe…

an education budget went from $800,000 to $900,000. what is the approximate percent increase?\nthe approximate percent increase is 13%.\nthe approximate percent increase is 89%.\nthe approximate percent increase is 98%.\nthe approximate percent increase is 113%.

an education budget went from $800,000 to $900,000. what is the approximate percent increase?\nthe approximate percent increase is 13%.\nthe approximate percent increase is 89%.\nthe approximate percent increase is 98%.\nthe approximate percent increase is 113%.

Answer

Explanation:

Step1: Find the amount of increase

$900000 - 800000=100000$

Step2: Calculate percent - increase formula

Percent increase = $\frac{\text{Amount of increase}}{\text{Original amount}}\times100%$ Percent increase = $\frac{100000}{800000}\times 100%$ Percent increase = $\frac{1}{8}\times100% = 12.5%\approx13%$

Answer:

The approximate percent increase is 13%.