the price of 350ml can of soft drink was increased from 6,15 to R6,35. calculate the percentage change or increased in the price of the soft drink
To calculate the percentage increase in the price of the soft drink, you can use the following formula:
Percentage Change = ((New Price - Old Price) / Old Price) * 100
In this case:
Old Price = R6.15
New Price = R6.35
Percentage Change = ((6.35 - 6.15) / 6.15) * 100
Percentage Change = (0.2 / 6.15) * 100
Percentage Change = 0.0325 * 100
Percentage Change = 3.25%
Therefore, the price of the soft drink increased by 3.25%.