Math Problem Statement

The price of a product has increased from $45 to $135. (a)What percentage of $45 is $135? (b) What is the percentage increase?

Solution

To solve the questions, we use the formula for percentage calculations:


(a) What percentage of $45 is $135?

The formula to find the percentage is: Percentage=(New ValueOriginal Value)×100\text{Percentage} = \left( \frac{\text{New Value}}{\text{Original Value}} \right) \times 100

Here:

  • New Value = $135
  • Original Value = $45

Substitute into the formula: Percentage=(13545)×100=3×100=300%\text{Percentage} = \left( \frac{135}{45} \right) \times 100 = 3 \times 100 = 300\%

Thus, $135 is 300%$ of $45.


(b) What is the percentage increase?

The formula for percentage increase is: Percentage Increase=(Increase in ValueOriginal Value)×100\text{Percentage Increase} = \left( \frac{\text{Increase in Value}}{\text{Original Value}} \right) \times 100

Here:

  • Increase in Value = New Value - Original Value = 13545=90135 - 45 = 90
  • Original Value = $45

Substitute into the formula: Percentage Increase=(9045)×100=2×100=200%\text{Percentage Increase} = \left( \frac{90}{45} \right) \times 100 = 2 \times 100 = 200\%

Thus, the percentage increase is 200%200\%.


Final Answers:

  1. 135135 is 300% of 4545.
  2. The percentage increase is 200%.

Would you like a detailed step-by-step breakdown of these calculations?

Here are 5 related questions to explore:

  1. How do you calculate the percentage decrease if the price goes back to $45?
  2. If the price increased to $180 instead, what would the new percentage increase be?
  3. What is the formula for calculating percentage change in general?
  4. How do percentage increase and percentage of a value differ conceptually?
  5. How can you calculate the original price if only the percentage increase and the final price are known?

Tip: Always double-check whether a question asks for "percentage of a value" or "percentage change" as they involve different calculations!

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Math Problem Analysis

Mathematical Concepts

Percentage calculations
Percentage increase
Proportional reasoning

Formulas

Percentage = (New Value / Original Value) × 100
Percentage Increase = (Increase in Value / Original Value) × 100

Theorems

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Suitable Grade Level

Grades 6-8