If the price of milk was $2.50 a litre and it is now $3.25 a litre, what is the percentage change in price?
A)13 per cent
B)30 per cent
C)75 per cent
D)77 per cent

Question

Quizplus · Accepted Answer

To find the percentage change, we can use the formula:

Percentage change = (New Price - Old Price)/Old Price x 100

In this case, the old price is $2.50 and the new price is $3.25.

Percentage change = (3.25 - 2.50)/2.50 x 100 = 30%

Therefore, the percentage change in price is 30%, which corresponds to choice B.

If the Price of Milk Was $2