Question

In 1993 eggs cost $0.87 a dozen. In 2003 it cost $1.56 a dozen. How much did the eggs appreciate (percent of increase)?

Show your work.​

Answer 1

190%

Explanation:

$1.56 is close to nearly 2x the value of $0.87

You can start by multiplying $0.87 by 2 to get $1.74

Now put $1.56 / $1.74

This gets you 0.89655172

By rounding this, you can get to 0.90

Move the decimal places two spots over to get a percentage = 90%

Since the eggs didn't decrease in value, you can add the 100% from the beginning of the problem.

100+90=190%