Question

You ell coffee for 2 dollar, you have decided to increae your drink price by 1 dollar. What i the percent of change

Answer 1

To calculate the percent change in the price of the coffee, we can use the following formula:

• Percent change = (new value - old value) / old value * 100

In this case, the old value is 2 dollars, and the new value is 2 + 1 = 3 dollars. Plugging these values into the formula, we get:

• Percent change = (3 - 2) / 2 * 100

Simplifying this expression, we get:

• Percent change = 1 / 2 * 100

This simplifies to:

• Percent change = 0.5 * 100

Which is equal to:

• Percent change = 50

Therefore, the percent change in the price of the coffee is 50%. This means that the price increased by 50% when it was increased by 1 dollar.

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