6
QuizMultiple Choice

Expenses — Quiz

Question 6 • Financial Math

Trevor operates a bakery and noted the expenses for flour in two consecutive months. In January, the flour cost $⁢120 In February, he spent $⁢154.80 on flour. What is the percent increase in expenses for flour from January to February?

Answer
A
29 percent
B
22 point 5 percent
C
0 point 2 2 percent
D
0 point 2 9 percent

Explanation

First find the increase: $154.80 − $120 = $34.80. Divide the increase by January’s cost and multiply by 100: ($34.80 ÷ $120) × 100 = 29%. The correct choice is A, 29 percent.

AI-written and checked against the verified answer.

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