1. Tammy sold $2,200.00 worth of toasted peanuts in May. She sold $2,900.00 worth of toasted peanuts in June. Approximately what was the percent increase in the worth of the toasted peanuts sold from May to June?
Answer: D
The percent increase in the worth of the toasted peanuts sold from May to June is approximately 32%.
To calculate the percent increase, we use the formula: percent increase = [(new value - old value) / old value] × 100. By substituting Tammy's sales figures, we find that the percent increase is approximately 32%.
A) 7%
This option is incorrect because a 7% increase would only account for a small fraction of the difference between the sales figures of May and June. The calculated percent increase based on the actual figures is much higher.
B) 10%
This option is also incorrect. A 10% increase would not adequately represent the significant growth in sales from May to June, as the calculated percent increase is substantially higher.
C) 25%
While a 25% increase indicates some growth, it is still not accurate. The actual percent increase, calculated from the sales figures, reveals a more considerable rise in sales, which is 32%.
D) 32%
This option is correct. The percent increase from May to June is calculated as follows: [(2900 - 2200) / 2200] × 100 = (700 / 2200) × 100 ≈ 31.82%, which rounds to approximately 32%. This reflects the significant increase in sales.
Conclusion
The correct answer is 32% because it accurately represents the calculated increase in sales from May to June. All other options underestimate the growth in sales, illustrating that they do not align with the actual data provided. The calculation confirms that the increase is substantial and well above the values suggested by the other choices.