amanda is the manager of target.\nshe just got a new shipment of jeans and is pricing them for the store to…

amanda is the manager of target.\nshe just got a new shipment of jeans and is pricing them for the store to make money.\nher invoice for the jeans states that the jeans cost her store $20 per pair.\namanda marks the jeans up to sell for $55 per pair. find the percent of change.\n 175% increase\n 175% decrease\n 17.5% increase\n 17.5% decrease
Answer
Explanation:
Step1: Identify original and new values
Original cost: $20, New price: $55. Since new > original, it's an increase.
Step2: Calculate amount of change
Change = New - Original = $55 - $20 = $35.
Step3: Use percent change formula
Percent Change = $\frac{\text{Change}}{\text{Original}} \times 100%$ = $\frac{35}{20} \times 100%$ = 1.75 × 100% = 175%.
Answer:
A. 175% increase