We appreciate your visit to In 1990 an automobile dealership sold a certain model car for 14 649 In 2000 they sold the same model car for 23 609 Find. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
To calculate the percent increase, subtract the 1990 price from the 2000 price, divide the result by the 1990 price, and multiply by 100 to convert to a percentage, yielding a C. 61.2% increase.
Explanation:
To find the percent increase in the price of the car from 1990 to 2000, we first calculate the difference in price and then divide that by the original price (price in 1990). Finally, we convert it into a percentage by multiplying by 100.
- Subtract the original price from the new price: $23,609 - $14,649 = $8,960.
- Divide the increase by the original price: $8,960 / $14,649 ≈ 0.612 (or 61.2%).
- Multiply by 100 to get the percentage: 0.612 × 100 = 61.2%.
Therefore, the car experienced a 61.2% increase in price from 1990 to 2000.
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