Question

5. A pretzel company usually spends $137 per week on salt, but due to a recent salt

shortage, the price of salt has increased by 40%. Assuming the company continues to
purchase the same volume of salt per week, what is the new weekly cost of salt for the
company?
A. $54.80
B. $82.20
C. $142.48
D. $191.80
E. $219.20​

Answer 1

D. $191.80

Explanation:

Weekly spend on salt by preztel company = $137

percentage Increase in price of salt = 40%

Since price has increased by 40% , so the spending of company on salt will also increase by 40%.

Dollar value of increase in spending of price of salt = 40% of Weekly spend on salt by preztel company = 40/100 * $137 = $54.8

New weekly cost of salt for the company = old Weekly spend on salt by preztel company + increase in spending of salt

= $137 + $54.8 = $191.8------- Answer