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The price of an item last year was $2.15. This year, the price of the same item increased to $2.6. Find the percentage increase in the price. Round answer to the nearest whole percent.

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Given the initial price and the increased price of the same item,  the percentage increase in the price of the item is 21%.

What is the percentage increase in the price?

Percentage increased is expressed mathematically as;

C = ((x₂ - x₁) / x₁)100%

Where x₁ is initial value and x₂ is new value.

Given the data in the question;

  • Initial value x₁ = 2.15
  • New value x₂ = 2.6
  • Percentage increase = ?

We substitute the given values into the equation above.

C = ((x₂ - x₁) / x₁) × 100%

C = ((2.6 - 2.15) / 2.15) × 100%

C = ( 0.45 / 2.15) × 100%

C = ( 0.2093) × 100%

C = 21%

Given the initial price and the increased price of the same item,  the percentage increase in the price of the item is 21%.

Learn more about Percentages here: brainly.com/question/24159063

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