SOLUTION: The price of a gallon of milk increased from $3 to $5.Which of the following statement are true?Select all that apply. A)The price increased by 60% B)The new price is about 167%

Algebra ->  Finance -> SOLUTION: The price of a gallon of milk increased from $3 to $5.Which of the following statement are true?Select all that apply. A)The price increased by 60% B)The new price is about 167%       Log On


   

Question 1106342: The price of a gallon of milk increased from $3 to $5.Which of the following statement are true?Select all that apply.
A)The price increased by 60%
B)The new price is about 167% of the old price
C)the price increase was 66.6 with a 6 repeating percent
D)If the price per gallon rose to $6, the new price would be 200% of the old price.
Found 2 solutions by josgarithmetic, greenestamps:
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
5-3=2;

system%282%2F3=0.666666666667%2Cabout_66.7_percent%29


A - No
B - Yes
C - No, not really but close
D - you think about it...

Answer by greenestamps(13200) About Me  (Show Source):
You can put this solution on YOUR website!


I'm not sure why tutor josgarithmetic said yes to B and no to C; they both say the same thing, so both are YES.

For answer D, 200% of the old price means twice the old price. Is $6 per gallon twice as much as $3 per gallon?