Question

Last year, an organization spent $500 on food for an event 100 people attended This year, they plan 120 people to attend the event. Food cost the same per person as it did last year. From last year to this year, what is the percent change in the money the organization spends on food.

Answer 1

20% increase in expenses

Explanation:

Since 120 is bigger than 100, the money spent will increase.

120 / 100 = 1.20

That is 20%.