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what is the percent of increase from 5000 to 6000?
write your answer using a percent sign (%).
Step1: Find the increase amount
The increase is $6000 - 5000 = 1000$.
Step2: Calculate the percent increase
Percent increase formula is $\frac{\text{Increase}}{\text{Original Amount}} \times 100\%$. So, $\frac{1000}{5000} \times 100\% = 0.2 \times 100\% = 20\%$.
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