Suppose that a store is adjusting the prices of several item
Suppose that a store is adjusting the prices of several items. For each price change, do the following: i. State the percent change. ii. State the number by which we can multiply the old price to find the new price. iii. Find the new price of the item.
a. A pint of blueberries used to cost $ 2.20 and the store increased the price by 59 %.
i. Percent change:
ii. The number we can multiply the original price to find the new price:
iii. The new price of a pint of blueberries:
b. A frozen pizza used to cost $ 4.30 and the store increased the price by 119 %.
i. Percent change:
ii. The number we can multiply the old price to find the new price:
iii. The new price of a frozen pizza:
c. A dozen eggs used to cost $ 2.60 and the store decreased the price by 14 %.
i. Percent change:
ii. The number we can multiply the original price to find the new price:
iii. The new price of a dozen eggs:
d. A gallon of laundry detergent used to cost $14.96 and the store decreased the price by 33 %.
i. Percent change:
ii. The number we can multiply the original price to find the new price:
iii. The new price of a gallon of laundry detergent:
Solution
a. A pint of blueberries used to cost $ 2.20 and the store increased the price by 59 %.
i. Percent change: 59
ii. The number we can multiply the original price to find the new price:1+(59/100)=1+0.59 =1.59
iii. The new price of a pint of blueberries: 2.2*1.59=3.498$
b. A frozen pizza used to cost $ 4.30 and the store increased the price by 119 %.
i. Percent change: 119
ii. The number we can multiply the old price to find the new price:1+(119/100)=1+1.19=2.19
iii. The new price of a frozen pizza: 4.3*2.19=9.417
c. A dozen eggs used to cost $ 2.60 and the store decreased the price by 14 %.
i. Percent change: 14
ii. The number we can multiply the original price to find the new price:1-(14/100)= 1-0.14=0.86
iii. The new price of a dozen eggs: 2.6*0.86=2.236
d. A gallon of laundry detergent used to cost $14.96 and the store decreased the price by 33 %.
i. Percent change: 33
ii. The number we can multiply the original price to find the new price:1-(33/100) 1-0.33=0.67
iii. The new price of a gallon of laundry detergent: 14.96*(0.67)=10.0232

