Demelza purchased her favorite perfume three months ago, J'adore by Dior, for $75. She logs online to purchase one for her friends birthday and it is now $100. What is the percentage change in the perfume price? Select one:a. 75%b. 50%c. 25%d. 33%

Option (d) is correct.

Explanation:

Initial price of perfume three years ago = $75

New price of perfume = $100

Therefore,

Percentage change in the perfume price:

= [ (New price of perfume - Initial price of perfume) : (Initial price of perfume) ] * 100

= [ ($100 - $75) : ($75) ] * 100

= 33.33% (approx)

Hence, the percentage change in the perfume price is 33.33%.