Question

5. The price of a can of soup was $0.64. The price increased to $0.72. What was the approximate percent increase in price? A4% B.8% C. 11% D. 13%

Answer 1

Option D is correct.

13%

Step-by-step explanation

The percent increase in a value is given as

`\text{Percent Increase = }\frac{New\text{ price - Old Price}}{Old\text{ Price}}*100\text{ percent}`

New price = $0.72

Old price = $0.64

`\begin{gathered} \text{Percent Increase = }(0.72-0.64)/(0.64)*100\text{ percent} \\ =(0.08)/(0.64)*100\text{ percent} \\ =\text{ 0.125 }*100\text{ percent} \\ =12.5\text{ percent} \\ =13\text{ percent} \end{gathered}`

Hope this Helps!!!