Question

suppose a certain item used to sell for seventy-five cents a pound, you see that it’s been marked up to eighty-one cents a pound. what is the percent increase?

Answer 1

Answer: 8%

Explanation:

`(Final - initial)/(initial) *100`.This gives us
`(81-75)/(75) *100`, which becomes 0.08 * 100, which equals 8. The answer is 8%