Which of the following statements are equivalent to the statement "price increased by 100%"?Choose all correct answers. (A) The price doubled (B) The price is 150% of the price before (C) The price was reduced by a quarter (D) The price became a half of what it was before (E) The price is now 1.5 of what it was before (F) The price now is 66 2/3% of what it was before (G) The price now is 200% of what it was before (H) The price is 75% of what it was before Plssss help me!!
Question
Answer:
Answers:(A) The price doubled
(G) The price now is 200% of what it was before
Explanation:
Assume that the original price of the product is x. Therefore, x represents 100% of the original price.
Now, we are given that:
The price increased by 100%
This means that:
new price = old price + 100% of old price
new price = x + 100% (x)Β
new price = 2x
Thus, we can note that the price is doubled
We know that x represents 100% of the price of the product.
Therefore:
new price = x + x = 100% + 100% = 200%
This means that the new price is 200% of the old price
Notes:
Options C,D, F and H are incorrect because they represent a decrease in the price while we know that the price increased
Options B and E are incorrect because they represent an increase of 50% in the price while we know that the increase is 100%
Hope this helps :)
solved
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10 months ago
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