A dress is marked-up from 75 dollars to 125 dollars. What is the approximate percent increase?
To find the percent increase, first calculate the difference in price:
125 - 75 = 50
Next, divide the difference by the original price and multiply by 100 to get the percentage increase:
(50 / 75) * 100 ≈ 66.67%
Therefore, the approximate percent increase is 66.67%.