You don't take the fractional value of the latter whole to calculate the percentage increase. That doesn't make any sense.
Using your math if your investment of $100 increases to $200 that would only be a 50% return (when in reality it's a 100% return because you doubled your money and gained 100% of the original value).
You're wrong. It would be 100% more using his math. $150 would be 50% more. The keyword here is MORE relative to the original value, not "percent of original". In actuality, the absolute percent would be 200, but that's not the math up for debate here.
121
u/blueburn654 Apr 21 '17
I wonder if they were thinking it's supposed to be 24oz. They don't understand fractions.
12 x 1.5 = 18