Question 1015561
A store gets a bucket of eggs for $16.20 and sells a dozen eggs for $3.50. If there are 450 eggs in the bucket, by what percent has the store increased the price per dozen eggs?
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# of dozen in 450:: 450/12 = 37.5
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Original cost per dozen:: 16.20/37.5 = $0.432 or 43.2 cents per dozen
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Increased cost per dozen when sold:: 3.50-0.432 = $3.068
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Ans: Percent increase of a dozen eggs:: $3.068/$0.432 = 7.10185 = 710.185%
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Cheers,
Stan H.