The price of a new car increased from $14,500 to $16,200.

What was the percent of increase?

Percent increase can be tricky.

find 16,200 - 14,500 that gives you the increase.

to find % increase.

divide that answer by the original amount which is $14,500.
you will get at decimal. Move the decimal to the right 2 places and add the % sign.

16200 / 14500 = ?

we simplify by crossing out 0s

162 / 145

so nearly 12 % or...11.724137931% to be exact

sorry forgot to add, minus minus one from 162/145

To find the percent increase, you can use the following formula:

Percent increase = (New value - Original value) / Original value * 100

In this case, the original value is $14,500 and the new value is $16,200.

Percent increase = (16,200 - 14,500) / 14,500 * 100
Percent increase = 1,700 / 14,500 * 100
Percent increase = 0.1172 * 100
Percent increase ≈ 11.72%

Therefore, the price of the new car increased by approximately 11.72%.