Answer:
Option (d) is correct.
Explanation:
Initial price of perfume three years ago = $75
New price of perfume = $100
Therefore,
Percentage change in the perfume price:
= [(New price of perfume - Initial price of perfume) Ă· (Initial price of perfume)] Ă— 100
= [($100 - $75) Ă· ($75)] Ă— 100
= 33.33%(approx)
Hence, the percentage change in the perfume price is 33.33%.