Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The price of a sofa went down by 20%. The new reduced price is $400. a. Complete the percent table and explain why the blank

The price of a sofa went down by 20%. The new reduced price is $400. a. Complete the percent table and explain why the blank will be the price of the sofa before the reduction. 80% S $400 100% S _____ Where does the 80% come from, and why does it correspond to $400? b. Explain why you can't calculate the price of the sofa before the reduction by increasing $400 by 20%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics Principles Applications And Tools

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

7th Edition

978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234

More Books

Students also viewed these Economics questions

Question

Briefly describe Hartleys contributions to associationism.

Answered: 1 week ago