What is the percent increase of the price of a hair piece that was increased from $500 to $550?

Solution:

Given, the price of a hair piece increased from $500 to $550.

The percentage increase can be found using the formula

Percentage increase = (difference/original value) x 100%

We know that,

Difference = 550 - 500 = $50

Original price = $500

Substituting the values we get

Percentage increase = (50/500)100

By further calculation

= 50/5

= 10%

Therefore, the percentage increase is 10%.

What is the percent increase of the price of a hair piece that was increased from $500 to $550?

Summary:

The percent increase of the price of a hair piece that was increased from $500 to $550 is 10%