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Candy bar percentage - E

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Candy bar percentage - E

by tanyajoseph » Sat Sep 01, 2007 10:52 am
A certain candy manufacturer reduced the weight of Candy Bar M by 20% but left the price unchanged. What was the resulting percent increase in the price per ounce of Candy Bar M?

A) 5%
B) 10%
C) 15%
D) 20%
E) 25%
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by agps » Sat Sep 01, 2007 11:04 am
say the candy weighed 100 ouces, and it cost 100 dollars. :shock: :D

if the weight was reduced by 20%, now it weighs 80 ounces.

so it used to cost 1 dollar per ounce, now it costs 5/4 dollars, or 1+1/4, so the increase is 1/4 or 25%.
Answer is E
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