Information and IdeasEasy–MediumReading a percentage change from two values
Information and Ideas practice question
Average price of a loaf of bread at a bakery:
2022: $2.50
2023: $2.75
2024: $3.00
Which choice most accurately completes the statement? 'Between 2022 and 2024, the average price of a loaf rose by ____.'
- A. 20%Correct
- B. 50 cents per year
- C. 10%
- D. $0.25
Answer: A. 20%
From $2.50 to $3.00 is a rise of $0.50, and 0.50/2.50 = 20%.
Why the other answers are wrong
- B. 50 cents per year
- The rise was 25 cents per year, 50 cents in total.
- C. 10%
- 10% is the rise from 2022 to 2023 alone.
- D. $0.25
- $0.25 is one year's rise.
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