If the cost is $58.00 and the selling price is $63.00, then what is the percent of increase?

The percent of increase over the original cost ($58) is 8.6%.

Step-by-step explanation:

The increase (markup) is $63-$58, or $5.

We find the markup (price increase) as follows:

    $5

= 0.0862, or 8.6%

   $58

The percent of increase over the original cost ($58) is 8.6%.

answer: since the question is talking about growth you have to use the growth formula which is inital amount (1 + growth)^time

step-by-step explanation:

the intial amount is 1200, the growth is 4.8, and the time is 7. plug those numbers into the equation, also i think you have to change 4.8 into a percent. but, i have forgotton how to do that. if this is a online class go on to the lesson.