Answer
There was an increase of about $10\%$.
Work Step by Step
Change in value:
$=\text{new amount} - \text{original amount}
\\= 215.25-195.50
\\= 19.75$
There was an increase.
Percent Change:
$ =\dfrac{\text{change in value}}{\text{original amount}}
\\=\dfrac{19.75}{195.50}
\\\approx 0.10
\\\approx 10\%$
There was an increase of around $10\%$.
