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A store gets a bucket of eggs for $16.20 and sells a dozen eggs for $3.50. If there are 450 eggs in the bucket, by what percent has the store increased the price per dozen eggs?

Please help every other answer when I searched up was wrong.

User Shenglih
by
5.1k points

2 Answers

6 votes

The answer is 710.185%

Have a good day ^^

User Kyooryu
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7 votes

Answer:

710%

Explanation:

Find each unit price.

16.20 $/bucket × (1 bucket / 450 eggs) = 0.036 $/egg

3.50 $/dozen × (1 dozen / 12 eggs) = 0.292 $/egg

The percent markup is:

(0.292 − 0.036) / 0.036 × 100% ≈ 710%

The store marks up the price by approximately 710%.

User IMoses
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5.3k points