28
QuizMultiple Choice

N/A — Exam

Question 28 • Financial Math

Cayden runs a cafe and recorded the expenses for coffee beans in two consecutive weeks. One week, the coffee beans cost $⁢50 The next week, she spent $⁢58 on coffee beans. What is the percent increase in expenses for coffee beans from one week to the next?

Answer
A
1 point 6 percent
B
8 percent
C
0 point 8 percent
D
16 percent

Explanation

The expense increased by $58 − $50 = $8. Divide the increase by the original expense, $50: $8 ÷ $50 = 0.16, or 16%, so the correct choice is 16 percent.

AI-written and checked against the verified answer.

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