Answer
Increase; 26.67%
Work Step by Step
The new number is higher than the original number, so we use the equation for percent increase. The equation for percent increase is the following: $(\frac{new amount - original amount}{original amount})\times100$ Thus, we plug in the numbers to find: $(\frac{9.5-7.5}{7.5})\times100\approx26.67$%