How much will I spend on textbooks this year when costs increase by a percentage?

Here's an example: We are looking for this year's expense amount after an 8% increase from $500. Amount of increase = (8 / 100) × $500 = 0.08 × $500 = $40. Expenses this year = $500 + $40 = $540.

Textbook Expense - How much will I spend on textbooks this year?

Textbook prices went up by % this year. If I spent $ on them last year...
What should I budget for this time?

Contextual hints will appear here as you calculate

Incomplete data. Enter all required values to see the calculations.

Answer: You will spend $ this year.

Round calculations to 2 decimal places

Type of calculation: Calculating the value after a percentage increase.
How to use the calculator:
Option 1 (Direct way): Use the Increased Value CALCULATOR ("Calculate new value after percentage increase"). Enter last year's expense $500 [Original] and the percentage increase 8% [Increase]. The calculator will directly give you this year's expense.
Option 2 (Step-by-step):
Step 1: Find the increase amount. Use the Basic Percentage CALCULATOR ("What is X% of Y?"). Enter the increase as 8 [X] and last year's expense as $500 [Y]. It will show you that the increase is 8% of $500.
Step 2: Add that increase amount to last year's expense.
The formula:
We want to find this year's expense after an 8% increase to the original $500.
Amount of increase = (8 / 100) × $500 = 0.08 × $500 = $40
Expenses this year = $500 + $40 = $540