Question

The current price of bulk organic sugar is $3.69 per pound, which is 12.5% more than it used to retail for last year. What was the previous price?

Answer 1

Answer:

$3.23 per pound.

Step-by-step explanation:

First, you need to find what 12.5% of $3.69 is.

To do so, you multiply 3.69 by 0.125 which equals to 0.46125.

Then you subtract 0.46125 from 3.69 which gives you 3.22875.

Then I just rounded the answer to $3.23 per pound.