The price of orange has increased from 0.99 per Ib to 1.13 per Ib, what was the rate of increase (round to the nearest hundredth)? O a. 12.39% O b. 87.61% O c. 7.14% O d. 14.14%

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter23: Basic Calculations Of Percentages, Percents, And Rates
Section: Chapter Questions
Problem 73A
icon
Related questions
icon
Concept explainers
Topic Video
Question
The price of orange has increased from 0.99 per Ib to 1.13 per Ib, what was the rate of increase (round to the nearest
hundredth)?
O a. 12.39%
O b. 87.61%
O c. 7.14%
O d. 14.14%
P Type here to search
23
Transcribed Image Text:The price of orange has increased from 0.99 per Ib to 1.13 per Ib, what was the rate of increase (round to the nearest hundredth)? O a. 12.39% O b. 87.61% O c. 7.14% O d. 14.14% P Type here to search 23
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,