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Due to an ice storm, the price of apples increased from $0.69 a pound to $1.59 a pound from one year to the next. What is the percent of increase, rounded to the nearest tenth? A. 56.6% B. 89.2% C. 118.3% D. 130.4%
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$1.59/lbs-$0.69/lbs=$0.9/lbs \[\frac{$0.9/lbs}{$0.69/lbs}=1.304 \] (dollar per pound units, $/lbs, cancel out) 1.304*100%=130.4% Make sense? :-)
56% and 89% are decreases, common sense says you can rule those two out immediately to get a 50/50
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