Part A:
To find the percent increase, we'll calculate the difference between the new price and the old price, divide it by the old price, and then multiply by 100 to get the percentage.
Given:
Old Price = $10.99 per pound
New Price = $11.99 per pound
We calculate the percent increase as follows:
Percent Increase = ((11.99 - 10.99) / 10.99) * 100
= (1 / 10.99) * 100 ≈ 0.091 * 100 ≈ 9.1%
So, the percent increase of Boar’s Head Turkey is approximately 9.1%.
Part B:
To find the percent decrease from the new price to the sale price, we'll use a similar calculation.
Given:
Old Price = $11.99 per pound
Sale Price = $9.99 per pound
We calculate the percent decrease as follows:
Percent Decrease = ((11.99 - 9.99) / 11.99) * 100
= (2 / 11.99) * 100 ≈ 0.1668 * 100 ≈ 16.68%
So, the percent decrease from the new price to the sale price is approximately 16.68%.