Problema Solution
Due to inflation there were two price increases. After the second, the price for a certain item became 6 times the original. By what percent was the second increase, if the first increase was 50%?
Answer provided by our tutors
let 'x' represent the original price, then 'x+0.5x' represents the first increase of 50%
six times greater, converted to a percentage:
(x+0.5x)*6*100
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900x
the increase was 900% over the original price