1. The initial price of an item was $800. The price first increased by3.5% and then decreased by 3.5%. What was the total change inprice?A) increased by $0.02B) increased by $2.22C) decreased by $0.98D) did not change

Answered: Image /qna-images/answer/9b4e4bce-2562-4e54-8f48-fef0fc0b7655.jpg

Answered: 1. The initial price of an item was…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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A manufacturing company has to produce and sell 228 items every month to break even. The company's fixed costs are $2,248.50 per month and variable costs are $11.00 per item. a. What is the total revenue at the break-even point? Round to the nearest cent b. What is the selling price per item? Round to the nearest cent.
2. Franklin was smart and bought all of his textbooks for college used. This way, he saved 30% on the original price of the textbooks. If the books would have originally cost $315 dollars, how much did Franklin pay? After a 30% discount is removed, what percentage of the original cost remains? How much did Franklin pay?
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An appraised value of a property has increased 233⅓% over the original price. The purchase price of the property was $120000 - its appraised price at the time. a)How much is the current appraised value b)How much would the owner gain by selling the property at its new appraised value
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1. The initial price of an item was $800. The price first increased by 3.5% and then decreased by 3.5%. What was the total change in price? A) increased by $0.02 B) increased by $2.22 C) decreased by $0.98 D) did not change