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Percents-Price Word Translation

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Percents-Price Word Translation

by Bens4vcobra » Tue Jul 05, 2011 6:05 am
A certain candy manufacturer reduced the weight of Candy Bar M by 20% but left the price unchanged. What was the resulting price increase per ounce of Candy Bar M?

A) 5%

B) 10%

C) 15%

D) 20%

E) 25%
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by Frankenstein » Tue Jul 05, 2011 6:13 am
Hi,
Let's say he is selling 100 ounces for 100$
But now he sells 80 ounces for 100$
So, price of 100 ounces is 125$
So, he is selling 100 ounces for 125$ while earlier he used to sell it for 100$
So, percentage increase is 25

Hence, E
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