question 10\n1 pts\n(01.04 lc)\nyour first six - month auto insurance premium was $629.00. based on your…

question 10\n1 pts\n(01.04 lc)\nyour first six - month auto insurance premium was $629.00. based on your driving record, your renewal premium is $786.25. what percent increase did you see in your premium?\n8%\n20%\n25%\n32%

question 10\n1 pts\n(01.04 lc)\nyour first six - month auto insurance premium was $629.00. based on your driving record, your renewal premium is $786.25. what percent increase did you see in your premium?\n8%\n20%\n25%\n32%

Answer

Explanation:

Step1: Find the amount of increase

$786.25 - 629=157.25$

Step2: Calculate the percentage increase

$\frac{157.25}{629}\times100% = 25%$

Answer:

25%