Answer: Amount of change : $30
percent increase : 200%
Step-by-step explanation:
Hi, to answer this question we have to analyze the information given:
To obtain the amount of change we have to subtract the wholesale price to the retail price:
Mathematically speaking:
45 -15 = $30
For the percent increase, the amount of change (30) is some percent of the original price (15). So:
30 / 15 =2 (decimal form)
If we multiply it by 100, the percentage is:
200%
