Question

Annual student fees at the University of California rose from about \(4,000 in 2000 to about \)12,000 in 2010. Find the percent increase.

Short answer

The University of California rose the fees from 2000 to 2010 to 200%.

Step-by-step solution

Step. 1 Given Information

The fees at University of California in 2000 is = $4000.

The fees at University of California in 2010 is = $12000.

Step. Percentage calculation

Now to calculate percentage increase firstly we need to find the change in the fees in those 10 years which is = $12000 - $4000 = $8000.

Now, Percent increase is calculated as follows:

$$\begin{gathered} =\frac{Changeinfees}{Originalfees}\times 100\% \\ =\frac{\$8000}{\$4000}\times 100\% \\ =200\% \end{gathered}$$