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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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