Answer:
It increased by 2.74%
Solution:
The formula for increase in percentage is:
[tex]% increase = \frac{(Final Value - Initial Value}{Initial Value} * 100[/tex][tex]\frac{(Final Value - Initial Value)}{Initial Value} * 100[/tex]
Substituting our given will give us:
[tex]\frac{(75 - 73)}{73} * 100[/tex]
And continuing on with our solution we get:
[tex]\frac{2}{73} * 100\\\\0.0274 * 100\\\\= 2.74[/tex]
