An item originally priced at $75.00 is raised to $90.00 based upon unanticipated demand.The addition to retail percentage is ________.
A) 16.7 percent
B) 20 percent
C) 23 percent
D) 25 percent

Question

Quizplus · Accepted Answer

To find the addition to retail percentage, we need to calculate the difference between the original price and the new price, then divide that difference by the original price and multiply by 100.

($90.00 - $75.00) / $75.00 x 100 = 20%

Therefore, the addition to retail percentage is 20%, which is option B.

An Item Originally Priced at $75