Question

A gallon of milk cost
$2.79 in 2000. In 2015
it cost $3.98 what is the % portion

Answer 1

Given:

The milk cost in year 2000 = $2.79

In 2015, the cost of milk = $3.98

To find:

The % portion.

Solution:

We have to find the % portion. It means, we need to find the change percent.

`\%\text{Change}=\frac{\text{New value - Initial value}}{\text{Initial value}}* 100`

`\%\text{Change}=(3.98-2.79)/(2.79)* 100`

`\%\text{Change}=(1.19)/(2.79)* 100`

`\%\text{Change}=0.4265233* 100`

`\%\text{Change}=42.65233\%`

`\%\text{Change}\approx 42.65\%`

Therefore, the % portion is 42.65%.