Answer:
There was an 11% increase.
Step-by-step explanation:
The formula to find a percent increase is this: (original amount - new amount / original amount) * 100
If you fill in the formula, you get this:
(164,000 - 182,040 / 164,000) * 100
Solve:
(-18,040 / 164,000) * 100 ---> If the number being divided is negative, find the absolute value.
(18,040 / 164,000) * 100 =
0.11 * 100
11%
