18
QuizMultiple Choice

Personal Savings and Consumer Credit: Part One — Test

Question 18 • Advanced Financial Algebra

Jonah manages a pet store and recorded the expenses for pet food in two consecutive weeks. In the first week, the pet food cost $⁢330 In the second week, he spent $⁢359.70 on pet food. What is the percent increase in expenses for pet food from the first week to the second week?

Answer
A
0 point 9 2 percent
B
29 point 7 percent
C
9 percent
D
1 point 0 9 percent

Explanation

First find the increase: $359.70 − $330 = $29.70. Divide the increase by the original cost and multiply by 100: ($29.70 ÷ $330) × 100 = 9%. The percent increase is 9 percent, choice A.

AI-written and checked against the verified answer.

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