The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is a) $200 b) $300 c) $400

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Answer 1

Question

Chapter 3.A, Problem 1QQ

To determine

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Expert Solution & Answer

Answer to Problem 1QQ

Solution:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Explanation of Solution

Suppose the price of the four-star meal, only $100 per couple decades ago, has since increased 200%

Since, decades ago, the price of the four-star meal was only $100 per couple, and the price of a four-star meal increased 200%

Therefore, the amount that increases is given by

100 \times \frac{200}{100} = 200

The current price of a four-star meal can be obtained by adding the old price and the increased price that is

$100+$200=$300

Hence, the current price of the four-steal meal is $300.

Therefore, the option (b) is correct.

Conclusion:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

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Answer 2

Question

Chapter 3.A, Problem 1QQ

To determine

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Expert Solution & Answer

Answer to Problem 1QQ

Solution:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Explanation of Solution

Suppose the price of the four-star meal, only $100 per couple decades ago, has since increased 200%

Since, decades ago, the price of the four-star meal was only $100 per couple, and the price of a four-star meal increased 200%

Therefore, the amount that increases is given by

100 \times \frac{200}{100} = 200

The current price of a four-star meal can be obtained by adding the old price and the increased price that is

$100+$200=$300

Hence, the current price of the four-steal meal is $300.

Therefore, the option (b) is correct.

Conclusion:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 3.A, Problem 1QQ

To determine

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Expert Solution & Answer

Answer to Problem 1QQ

Solution:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Explanation of Solution

Suppose the price of the four-star meal, only $100 per couple decades ago, has since increased 200%

Since, decades ago, the price of the four-star meal was only $100 per couple, and the price of a four-star meal increased 200%

Therefore, the amount that increases is given by

100 \times \frac{200}{100} = 200

The current price of a four-star meal can be obtained by adding the old price and the increased price that is

$100+$200=$300

Hence, the current price of the four-steal meal is $300.

Therefore, the option (b) is correct.

Conclusion:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 3.A, Problem 1QQ

To determine

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Expert Solution & Answer

Answer to Problem 1QQ

Solution:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Explanation of Solution

Suppose the price of the four-star meal, only $100 per couple decades ago, has since increased 200%

Since, decades ago, the price of the four-star meal was only $100 per couple, and the price of a four-star meal increased 200%

Therefore, the amount that increases is given by

100 \times \frac{200}{100} = 200

The current price of a four-star meal can be obtained by adding the old price and the increased price that is

$100+$200=$300

Hence, the current price of the four-steal meal is $300.

Therefore, the option (b) is correct.

Conclusion:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 3.A, Problem 1QQ

To determine

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Expert Solution & Answer

Answer to Problem 1QQ

Solution:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Explanation of Solution

Suppose the price of the four-star meal, only $100 per couple decades ago, has since increased 200%

Since, decades ago, the price of the four-star meal was only $100 per couple, and the price of a four-star meal increased 200%

Therefore, the amount that increases is given by

100 \times \frac{200}{100} = 200

The current price of a four-star meal can be obtained by adding the old price and the increased price that is

$100+$200=$300

Hence, the current price of the four-steal meal is $300.

Therefore, the option (b) is correct.

Conclusion:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Answer 6

Chapter 3.A, Problem 1QQ

To determine

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Expert Solution & Answer

Answer to Problem 1QQ

Solution:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Explanation of Solution

Suppose the price of the four-star meal, only $100 per couple decades ago, has since increased 200%

Since, decades ago, the price of the four-star meal was only $100 per couple, and the price of a four-star meal increased 200%

Therefore, the amount that increases is given by

100 \times \frac{200}{100} = 200

The current price of a four-star meal can be obtained by adding the old price and the increased price that is

$100+$200=$300

Hence, the current price of the four-steal meal is $300.

Therefore, the option (b) is correct.

Conclusion:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Answer 7

Chapter 3.A, Problem 1QQ

To determine

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Answer 8

Expert Solution & Answer

Answer to Problem 1QQ

Solution:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

Suppose the price of the four-star meal, only $100 per couple decades ago, has since increased 200%

Since, decades ago, the price of the four-star meal was only $100 per couple, and the price of a four-star meal increased 200%

Therefore, the amount that increases is given by

100 \times \frac{200}{100} = 200

The current price of a four-star meal can be obtained by adding the old price and the increased price that is

$100+$200=$300

Hence, the current price of the four-steal meal is $300.

Therefore, the option (b) is correct.

Conclusion:

The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is $300.

Answer 12

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The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is a) $200 b) $300 c) $400

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The price of a four-star meal, only $100 per couple decades ago, has since increased 200%. The current price of a four-star meal is

a) $200

b) $300

c) $400

Answer to Problem 1QQ

Explanation of Solution

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Chapter 3 Solutions