At Jewel Osco, a pound of grapes is usually $2.99. Due to a national fruit shortage, the price of grapes have increased to 3.99 per pound. What is the percent of change? Round to the nearest WHOLE number.
*
To find the percent of change, we need to calculate the difference between the initial price and the final price, divide it by the initial price, and then multiply by 100.
Initial price = $2.99
Final price = $3.99
Difference = Final price - Initial price = $3.99 - $2.99 = $1.00
Percent of change = (Difference / Initial price) * 100 = ($1.00 / $2.99) * 100 ≈ 33.4
Rounding to the nearest whole number, the percent of change is 33%.