Question

Fresh Mart buys a bushel of apples for $3.50 and sells it for $12.50. What is the

percent of increase in price? Round to the nearest whole number. What is the
dollar amount of Fresh Mart's profit?

Answer 1

Explanation:

x% of 3.50 = 12.50

x% = 12.50/3.50 ≅ 3.57 = 357%

price increased by 357%

profit = 12.50 - 3.50 = $9

Answer 2

12%

Explanation: