Question

After flooding damaged much of the crop, the cost of a head of lettuce jumped from $0.92 to $2.26. What percent of increase is this? Round to the nearest one percent.

Answer 1

146%

Explanation:

`percent~change = (new~price - old~price)/(old~price) * 100%`

If the percent change is positive, it is a percent increase.

If the percent change is negative, it is a percent decrease.

Your numbers are

old price = $0.92

new price = $2.26

Plug in the numbers in the formula above and evaluate the expression.

percent change = ($2.26 - $0.92)/($0.92) * 100%

percent change = ($1.34)/($0.92) * 100%

percent change = 1.4565 * 100%

percent change = 146%

Since the percent change is a positive number, it is a percent increase.

Answer: The percent increase is 146%.