Answer :
Answer:
So Cody increase his savings by 87.5%
Step-by-step explanation:
We are given Cody's original savings = $40
We are given his new savings total = $75
Now, in order to find out the percentage we have to first find out by how much did he increase his savings:
Increase in savings = $75 - $40 = $35
So now we have the increase in savings we can find out the percentage:
[tex]increase(\%) \: = \frac{increase \: in \: savings}{original \: savings} \times 100[/tex]
Now we plug in our values that we found:
[tex]increase(\%) = \frac{35}{40} \times 100\\ increase(\%) = 87.5\%[/tex]
So Cody increase his savings by 87.5%