A house costs 8000 and six years later it costs 8877.62. What is the percentage increase

To calculate the percentage increase, we can use the formula:

\[
\text{Percentage Increase} = \left( \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \right) \times 100
\]

In this case:

- The old value (initial house cost) is 8000.
- The new value (house cost after 6 years) is 8877.62.

Now, we apply the values:

\[
\text{Percentage Increase} = \left( \frac{8877.62 - 8000}{8000} \right) \times 100
\]

Let me calculate that for you.



A house costs 8000 and six years later it costs 8877.62. What is the percentage increase?

Learn how to calculate the percentage increase when a house's price goes from 8000 to 8877.62 over six years. This arithmetic problem uses the formula for percentage increase and is suitable for students in Grades 6-8.

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