Answer:
Around 18.18%
Step-by-step explanation:
We can use the percentage increase formula to find the gain here. The formula goes:
[tex]\frac{new-original}{original}\cdot100[/tex].
We know that the new value is 6500, and the old value is 5500, so we can substitute inside the equation.
[tex]\frac{6500-5500}{5500}\cdot100\\\\\frac{1000}{5500}\cdot100 \\\\0.\overline{18} \cdot100\\\\18.\overline{18}[/tex]
Which rounds to 18.18%.
Hope this helped!
