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Pete Smith found in his attic a Woody Woodpecker watch in its original box. It h

ID: 2655613 • Letter: P

Question

Pete Smith found in his attic a Woody Woodpecker watch in its original box. It had a price tag on it for $4.60. The watch was made in 1947. Pete brought the watch to an antiques dealer and sold it for $30. What was the percent of increase in price? (Round to the nearest hundredth percent.)

Pete Smith found in his attic a Woody Woodpecker watch in its original box. It had a price tag on it for $4.60. The watch was made in 1947. Pete brought the watch to an antiques dealer and sold it for $30. What was the percent of increase in price? (Round to the nearest hundredth percent.)

Explanation / Answer

Increse in price= (25.4/4.60)*100= 552.17 %

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