Question

The price of eggs is projected to increase by 150% over the next year. A dozen eggs currently costs $1.80. What is the projected cost of a dozen eggs one year from now?

A. $2.70
B. $4.50
C. $1.90
D. $3.60

Answer 1

A. $2.70

Explanation:

So, to do this, 100% of the price of a dozen eggs and to find out what it means that it will raise to 150%, you need to start by finding what 1% is. $1.80÷100%= $0.018 (this is 1% of the price). Now, to find 150% of this, you have to multiply $0.018 by 150%.

$0.018 * 150= $2.70

Answer 2

what this means is that the price increases 50% the next year, 1/2 of 1.80 is .90 so if we want to know what the price will be next year we just add 1.80+0.90=2.70

The price of a dozen eggs next year will be 2.70