Question

#22-12: Fresh Mart buys a quart of ice cream for $2.50 and sells it for $3.25. Whtabis the percent of increase in price? What is the dollar amount of Fresh Mary's profit?

Answer 1

3.25/2.5 = 1.3 meaning there's a 30% increase. 3.25 - 2.5 = $0.75 is the profit Fresh Mart earns for every quart of ice cream sold.

Explanation: