ayeeitsenaly2010 ayeeitsenaly2010

04-03-2020
Mathematics

contestada

A store bought pants at a wholesale price of $15. They retail the pants for $45. What is the amount of change? What is the percent increase?

Respuesta :

gomezgerman032 gomezgerman032

06-03-2020

Answer: Amount of change : $30

percent increase : 200%

Step-by-step explanation:

Hi, to answer this question we have to analyze the information given:

Wholesale price: $15
Retail price: $45

To obtain the amount of change we have to subtract the wholesale price to the retail price:

Mathematically speaking:

45 -15 = $30

For the percent increase, the amount of change (30) is some percent of the original price (15). So:

30 / 15 =2 (decimal form)

If we multiply it by 100, the percentage is:

200%

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