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Isn't that 300%
With the original price as $250, a 100% increase would be adding the entire value to itself once (i.e doubling) taking us to $500.
A 200% increase is adding the $250 to the original two times for a total of $750.
So calling it a "200% increase" is correct.
It is true to say that "$750 is 300% of $250" or that "The price has tripled" - both correct, but the increase is only 200% because increase doesn't include the original as part of the value.
TBH---and I'm not a native English speaker---I think it's a bit ambiguously phrased. "Increase by 200%" would be more clear.
This makes perfect sense, thank you
Fine. Forget about it.