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A seafood market sold shrimp for $10.50 per pound. Due to a seafood supply shortage the cost of shrimp increased to $12.60 per pound. What was the percentage of the price increase?
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A seafood market sold shrimp for $10.50 per pound. Due to a seafood supply shortage the cost of shrimp increased to $12.60 per pound. What was the percentage of the price increase?

User Vivekanand Panda
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1 Answer

10 votes
20%
12.6/10.5=1.2
This means that 12.6 is 120% of 10.5 and since 100% is 10.5, the extra twenty percent represents the increase in price
Hope it helps
User LuizParreira
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