The table below shows hypothetical prices for a particular anatomy textbook at a university bookstore over several years.
TABLE 2-4
-Refer to Table 2-4.The increase in the price of the textbook from 2012 to 2016 is
A)-40.
B)40.
C)18.2%.
D)22.2%.
E)40%.

Question

The table below shows hypothetical prices for a particular anatomy textbook at a university bookstore over several years.
  TABLE 2-4
-Refer to Table 2-4.The increase in the price of the textbook from 2012 to 2016 is
A)-40. 
B)40. 
C)18.2%. 
D)22.2%. 
E)40%.

Quizplus · Accepted Answer

To calculate the percentage increase in price from 2012 to 2016, we can use the formula:

percentage increase = (new price - old price) / old price x 100%

Using the values from the table, we get:

percentage increase = (104 - 85) / 85 x 100% = 0.2222 x 100% = 22.2%

Therefore, the correct answer is D) 22.2%.

The Table Below Shows Hypothetical Prices for a Particular Anatomy