Math

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1)A bakery can sell muffins for \$1 each. If it costs the bakery \$5 to make 20 muffins, what percent of the money made from muffins sales is profit?

2) A community is considering increasing the sales tax rate 0.5% to fund a new sports arena. If the tax rate is raised, how much more will you pay in sales tax on \$500.

• Math -

1.
5/20 = \$0.25 each

1.00 - 0.25 = \$0.75 profit

75% is profit

2.
0.005 * 500 = \$2.50

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