1. **Problem 1: Percentage increase in bid**
The original bid is 42.99 and the new bid is 45.00. We want to find the percentage increase.
Formula: $$\text{Percentage Increase} = \frac{\text{New Value} - \text{Original Value}}{\text{Original Value}} \times 100$$
Calculation:
$$\frac{45.00 - 42.99}{42.99} \times 100 = \frac{2.01}{42.99} \times 100$$
Simplify:
$$\frac{\cancel{2.01}}{\cancel{42.99}} \times 100 \approx 4.678\%$$
Rounded to one decimal place: **4.7%**
2. **Problem 2: Percentage decrease in bike price**
Original price is 279.99, reduced to 229.49. Find percentage decrease.
Formula: $$\text{Percentage Decrease} = \frac{\text{Original Value} - \text{New Value}}{\text{Original Value}} \times 100$$
Calculation:
$$\frac{279.99 - 229.49}{279.99} \times 100 = \frac{50.50}{279.99} \times 100$$
Simplify:
$$\frac{\cancel{50.50}}{\cancel{279.99}} \times 100 \approx 18.04\%$$
Rounded to whole number: **18%**
3. **Problem 3: Original salary before 3% increase**
New salary is 25,500 after a 3% increase. Find original salary.
Formula: $$\text{New Salary} = \text{Original Salary} \times (1 + \frac{\text{Percentage Increase}}{100})$$
Rearranged:
$$\text{Original Salary} = \frac{\text{New Salary}}{1 + \frac{3}{100}} = \frac{25500}{1.03}$$
Calculation:
$$\frac{25500}{1.03} \approx 24757.28$$
Rounded to nearest pound: **24757**
**Final answers:**
1. 4.7%
2. 18%
3. 24757
Percentage Changes 58E1A9
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