Question

Joe wanted to know more about how the cost of fertilizer for his lawn-care business was changing.  The cost of a bag of fertilizer just increased from $8 to $15. What is the percentage increase of the price? Represent the change as a fraction, percent, and decimal.

Answer 1

price of a bag of fertilizer increased from $8 t0 $15
thus the price increase = $7
% increase = 7/8 * 100 = 87.5%
in decimal = 0.875 divide by 100
in fraction = 875/1000