Adozen eggs cost $0.96 in december 2000 and $2.75 in december 2015. the average wage for workers in private industries was $14.28 per hour in december 2000 and $21.26 in december 2015. by what percentage did the price of a dozen eggs rise? (a) 65%(b) 179%(c) 186% by what percentage did the wage rise? (a) 15%(b) 49%(c) 134%

Egg cost increase during the period: (C) 186%

Wages increase during the period:    (B) 49%

Explanation:

To calculate the rise in egg cost we will do as follow:

being current year 2015 at 2.75

and base year 2000 at 0.96 we got:

1.8645833 = 186.46%

we do the same process for wages:

0.48879551 = 48.88% = 49%

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