Currently apples cost 75 cents/pound. Due to a disease affecting the apple trees it is expected that next month apples will cost 150% more than they do currently. How much are apples expected to cost next month?  Choose one
A) 195 cents /pound B) 192 cents /pound C) 187.50 cents /pound D) 187 cents /pound E) 190 cents /pound
If a new cost is p percent greater than the old cost, then (new cost) = (old cost) + (p/100)(old cost).   In this case, (new cost) = 75 cents/pound + (150/100)(75 cents/pound)   = 75 cents/pound + 112.50 cents/pound   = 187.50 cents /pound   Answer : 187.50 cents /pound
<result>C</result>
Currently apples cost 75 cents/pound. Due to a disease affecting the apple trees it is expected that next month apples will cost 150% more than they do currently. How much are apples expected to cost next month?