Anne wants to create a data display to summarize the prices of the 264 homes for sale in her area. A sample of the data is shown below. $72,000, $129, 500, $132,000, $149, 400, $152,000, $183,500, $225,000, $289,000, $348,000. She wants the display to show how many homes are available for home buyers with various…
Step 1: Understanding the Problem This problem illustrates the concept of percentage decrease, which is a useful way to express reductions in quantities or values as a percentage of the original amount. This is a useful concept in a variety of fields, including finance, business, and economics. The problem here is asking for the new…
Step 1: Identifying the Initial and Final Prices The initial step in this problem is to identify the starting and ending prices of the toy. According to the question, the toy initially costs £50, and the price is increased to £65. Step 2: Understanding Percentage Increase The concept of “percentage increase” refers to how much…
Sean pays £10 for 24 chocolate bars. He sells all 24 chocolate bars for 50p each. Work out Sean’s percentage profit. Step 1 Concept used The concept used in this question is profit, the difference between money made from selling something and the amount spent on it. In this case, Sean made a profit of…
The problem states that a clothing store sells 300 skirts in January and asks how many skirts the store will sell in February if the number of skirts sold is 40% higher than in January. To solve this problem, we need to use the concept of percentage increase. The percentage increase measures how much a…
Verified Answer: Caleb and Emily are standing 100 yards from each other. Caleb looks up at a 45-degree angle to see a hot air balloon. Emily looks up at a 60-degree angle to see the same hot air balloon. Approximate how far is the hot air balloon off the ground. Solution: According to the question,…