Rate of increase = ( Present Value - Past value ) / Past value * 100
So for our problem we plug the values
Rate of increase =[tex] \frac{175 - 150}{150} * 100 [/tex] Percent
= [tex] \frac{25}{150} * 100 [/tex]
= [tex] \frac{2500}{150} [/tex]
= [tex] \frac{50}{3} % [/tex]
= 16.667 %
