What is April price as a percentage of March price if April is 17.36 and March is 15.50?

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Multiple Choice

What is April price as a percentage of March price if April is 17.36 and March is 15.50?

Explanation:
To express April price as a percentage of March price, compare April to March by dividing the April amount by the March amount, then multiply by 100 to turn it into a percent. So compute 17.36 ÷ 15.50 = 1.12, and 1.12 × 100% = 112%. This means April is 112% of March. The correct formula is (April / March) × 100. If you inverted the ratio, you’d be finding what percent March is of April, not April of March. Subtracting the prices and multiplying by 100 would give a percent change, not a direct proportion, and unrelated arithmetic like (March × 1% of April) doesn’t reflect the needed ratio either.

To express April price as a percentage of March price, compare April to March by dividing the April amount by the March amount, then multiply by 100 to turn it into a percent. So compute 17.36 ÷ 15.50 = 1.12, and 1.12 × 100% = 112%. This means April is 112% of March.

The correct formula is (April / March) × 100. If you inverted the ratio, you’d be finding what percent March is of April, not April of March. Subtracting the prices and multiplying by 100 would give a percent change, not a direct proportion, and unrelated arithmetic like (March × 1% of April) doesn’t reflect the needed ratio either.

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