At a Supermarket a certain item has increased from 72 cents per pound to 78 cents per pound. What is the % increase in the cost of item? Select:
A) 6.33%
B) 7.22%
C) 8.33%
D) 8%
E) 7%
Percent change = (New Value- Old Value )/ old value x 100   =((78-72)/72)x100   = (6/72)*100   = 8.33%   There was an 8.33% increase in the cost of item   answer -8.33% = 8.33%
<result>C</result>
At a Supermarket a certain item has increased from 72 cents per pound to 78 cents per pound. What is the % increase in the cost of item?