Mr. Houston buys old coins and then resells them for 150% of his cost. If he bought an ancient Roman coin for $90, for how much will he resell it? A $45 B $60 © $120 O $135
Mr. Houston buys old coins and then resells them for 150% of his cost. If he bought an ancient Roman coin for $90, for how much will he resell it? A $45 B $60 © $120 O $135
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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![**Problem Statement:**
Mr. Houston buys old coins and then resells them for 150% of his cost. If he bought an ancient Roman coin for $90, for how much will he resell it?
**Options:**
- A) $45
- B) $60
- C) $120
- D) $135
**Explanation:**
To find the resale price, calculate 150% of the original cost.
\[ \text{Resale Price} = 150\% \times \$90 = 1.5 \times 90 = \$135 \]
So, Mr. Houston will resell the coin for **$135**. The correct answer is **D) $135**.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6205cd4b-fd44-460d-83df-e097b49526b3%2Fbfd20adb-77b2-492c-9e18-342c3fe4793c%2F7j2mcgc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Problem Statement:**
Mr. Houston buys old coins and then resells them for 150% of his cost. If he bought an ancient Roman coin for $90, for how much will he resell it?
**Options:**
- A) $45
- B) $60
- C) $120
- D) $135
**Explanation:**
To find the resale price, calculate 150% of the original cost.
\[ \text{Resale Price} = 150\% \times \$90 = 1.5 \times 90 = \$135 \]
So, Mr. Houston will resell the coin for **$135**. The correct answer is **D) $135**.
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