Mae works at a wood shop where raw materials have increased from $150,000 to $156,000 in one year. Her supervisor tells her to increase the price of all wood craft items to match the other expenses. By what percent should Mae raise the price of craft items

Question

Nick

Mathematics

5 August, 09:56

Mae works at a wood shop where raw materials have increased from $150,000 to $156,000 in one year. Her supervisor tells her to increase the price of all wood craft items to match the other expenses. By what percent should Mae raise the price of craft items

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Answers (1)

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Tiffany Horne · Answer 1

I played around with the numbers and if you multiply 150,000 * 0.04 you get 6,000 which is the number we were looking for

So Mae should raise it by 4 percent