We appreciate your visit to In 1990 an automobile dealership sold a certain model car for 14 649 In 2000 the same model car was sold 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 in the price of a car from 1990 to 2000, subtract the original price from the new price, divide the result by the original price, and multiply by 100. The percent increase of the car's price over this period is approximately 61.16%.
Explanation:
The student is asking to find the percent increase in the price of a certain model car from 1990 to 2000. To do this, we calculate the difference in price and then divide by the original price to get the rate of increase. Lastly, we convert that rate to a percentage.
First, let's correct the given prices to a standard format:
- 1990 price: $14,649 (assuming 'and 649 cents' means 649 dollars not cents as cents can't exceed 99)
- 2000 price: $23,609 (assuming the same for 'and 609 cents')
Now, calculate the difference in price:
Price Difference = $23,609 - $14,649 = $8,960
Then calculate the percent increase:
Percent Increase = (Price Difference / Original Price) x 100
Percent Increase = ($8,960 / $14,649) x 100 ≈ 61.16%
The percent increase in the price of the car from 1990 to 2000 is therefore approximately 61.16%.
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Rewritten by : Barada
The original prize: 14.649
New prize: 23.609
(the years here are not relevant, just to confuse you with more numbers)
the increase is 23.609-14.649=8.960
If we want to know the percentage, we need to know what percentage of the original prize is 8.960.
this is calculated like this:
[tex] \frac{8960}{14609}= 0.61164[/tex]
ti make it into percentage, we multiply by 100%: 61.164%
New prize: 23.609
(the years here are not relevant, just to confuse you with more numbers)
the increase is 23.609-14.649=8.960
If we want to know the percentage, we need to know what percentage of the original prize is 8.960.
this is calculated like this:
[tex] \frac{8960}{14609}= 0.61164[/tex]
ti make it into percentage, we multiply by 100%: 61.164%