Question

Suppose the price of a $130 item increases by 10.1%. By what percent does the resulting price have to decrease in order for the final price (after the two changes) to be back to the original price of $130? Round your answer to the nearest tenth of a percent.

Name: suppose the price of a 130 item increases by 101 by what percent does the resulting price have to decrease in order for the final price after the two changes to be back to the original price 74304
Uploaded: 2023-01-25T05:50:42-08:00
Duration: 2 min 46 s
Channel: Supreeta N
Description: suppose the price of a 130 item increases by 101 by what percent does the resulting price have to decrease in order for the final price after the two changes to be back to the original price 74304

          Suppose the price of a $130 item increases by 10.1%. By what percent does the resulting price have to decrease in order for the final price (after the two changes) to be back to the original price of $130? Round your answer to the nearest tenth of a percent.

Added by Sean M.

Calculus: Early Transcendentals

James Stewart 8th Edition

Instant Answer

Solved by Expert Supreeta N

01/25/2023

Step 1

The increase in price is 10.1% of $130, which is 0.101 * $130 = $13.13. Show more…

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Suppose the price of a $130 item increases by 10.1%. By what percent does the resulting price have to decrease in order for the final price (after the two changes) to be back to the original price of $130? Round your answer to the nearest tenth of a percent.