Question

Little Caesars announced Wednesday that its famous Hot-N-Ready pizza will cost more than $5 for the first time in about 25 years.

The pizza price will increase to $5.55.

Find the rate of increase of the price change. Show your work. *
List your final answer with the % symbol *

Answer 1

11%

Explanation:

Make 2 fractions

5/5.55 = 100/x

Cross multiply

5x = 5.55 * 100

5x = 555

x = 111

The new price is 111%, so the increase is 11%