The percentage increase is 22.72%
How to determine the percentage increase?
The given parameters are:
Initial = 440 coins
Final = 540 coins
The percentage increase is calculated as:
%Increase = (Final - Initial)/Initial * 100%
So, we have:
%Increase = (540 - 440)/440 * 100%
Evaluate the difference
%Increase = 100/440 * 100%
Evaluate the quotient
%Increase = 0.2272 * 100%
Evaluate the product
%Increase = 22.72%
Hence, the percentage increase is 22.72%
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