   Chapter 6.III, Problem 5RE ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

#### Solutions

Chapter
Section ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

# Solve the following increase or decrease problems for the unknown. Round decimals to hundredths and percents to the nearest tenth.50 increased by 20% = ___ Rate=100% + 20%=120% Base=Original number=50  P = R × B =1 .2  ×  50=60

To determine

To fill: The blank provided for the statement, “50 increased by 20%=_____________”.

Explanation

Given Information:

The expression is, “50 increased by 20%”.

Consider that the original value or the base is 50 and rate of increase is 20%.

As the rate of change is an increase, so add that change to 100% so as to compute the rate,

R=100%+20%=120%

Here, portion is missing

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