A bag of popcorn costs C$1.99 in Canada, and the same bag of popcorn costs US$1.99 in Morgan Hill, California, USA. What percentage more is the cost of the bag of popcorn in the US than in Canada? Use the Canadian price as the base in comparison. (US$1.00 = C$1.0852) .
A) 7.87%
B) 7.54%%
C) 8.54%
D) 8.35%
E) 0%
Correct Answer:
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