Question

If a burger in 2000 was five dollars, what is the percent increase if it is 2015 and $6.50?

a) 10%
b) 15%
c) 20%
d) 30%

Answer 1

The percent increase in the price of a burger from 2000 to 2015 is calculated using the formula for percent increase. The price rose from $5 to $6.50, which is a 30% increase, hence option d) 30% is the correct answer.

Step-by-step explanation:

The question posed relates to determining the percent increase in the price of a burger from 2000 to 2015. The price of a burger increased from $5 in 2000 to $6.50 in 2015. To calculate the percent increase, we can use the following formula:

Percent Increase = (New Price - Original Price) / Original Price x 100

Plugging in the values we have:

Percent Increase = ($6.50 - $5) / $5 x 100

Percent Increase = $1.50 / $5 x 100

Percent Increase = 0.30 x 100

Percent Increase = 30%

Therefore, the correct answer is d) 30%.