Praxis 5511 Practice Question
Tammy sold $2,200.00 worth of toasted peanuts in May. She sold $2,900.00 worth of toasted peanuts in June. Approximately what was the percent increase in the worth of the toasted peanuts sold from May to June?
Correct Answer: D
Rationale: To determine the percent increase in sales from May to June, first calculate the increase in sales: $2,900.00 (June) - $2,200.00 (May) = $700.00. Next, divide the increase by the original amount: $700.00 / $2,200.00 ≈ 0.3182. To find the percentage, multiply by 100, resulting in approximately 31.82%, which rounds to 32%.
Option A (7%) underestimates the increase significantly. Option B (10%) also reflects a minimal change. Option C (25%) is closer but still does not account for the actual increase, confirming that D (32%) accurately represents the percent increase.
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