Answer:
145%.
Step-by-step explanation:
Given that the price of an item yesterday was $120, and today, the price rose to $294, in order to find the percentage increase, the following calculation has to be made:
120 = 100
294 = X
((294 x 100) / 120) = X
29,400 / 120 = X
245 = X
245 - 100 = 145
Therefore, the percentage increase of the product was of 145%.
