Answer :
When 5 is increased to 8, the increase is exactly 60 percent,
with no rounding necessary.
(The increase is 3, and 3 is exactly 60% of the original 5 .)
with no rounding necessary.
(The increase is 3, and 3 is exactly 60% of the original 5 .)
For this case we can make the following rule of three:
5 $ ----------------------> 100%
$ 8 ----------------------> x
From here, we clear the value of x.
We have then:
[tex] x = (\frac{8}{5}) * (100)
x = 160
[/tex]
Therefore, the percentage of growth is given by:
[tex] 160 - 100 = 60
[/tex]
Answer:
the percent increase from $ 5 to $ 8 rounded to the nearest percent is:
60%