In january the price of a kilogram of brand x rice was $7.60.in may the price of a kilogram of brand x rice became $8.80.find the percent increase in price.

15.79% is the percent increase in price

Step-by-step explanation:

As per the given statement: In January the price of a kilogram of brand X rice was $7.60.

⇒ Price of  brand X in January =  $7.60

Also, it is given that in May the price of a kilogram of Brand X rice became $8.80.

⇒ Price of brand X in May = $8.80

Increase in price = $8.80 - $7.60 = $1.20

To find the percent increase in price;

                                         =

Therefore, the percent increase in price approx. is, 15.79%

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