Daisanaiikaoo9idn
Answered

Discover the best answers to your questions with the help of IDNLearn.com. Find in-depth and accurate answers to all your questions from our knowledgeable and dedicated community members.

The price of a computer was marked up by 50% and then marked down by 50%.
James said that there was no change in the price of the computer in the end.
• Explain why James' reasoning is incorrect.
• Calculate the percent change in the price of the computer.
Explain how you found the answer.
IN
Write your answer and explanations in the space below.

The Price Of A Computer Was Marked Up By 50 And Then Marked Down By 50 James Said That There Was No Change In The Price Of The Computer In The End Explain Why J class=

Sagot :

Semsee45idn

Answer:

percent change = 25% (drop)

Step-by-step explanation:

James reasoning is incorrect

Let the original price of the computer = $1000

If the computer was marked up by 50% then 1000 x 1.5 = $1500

If the computer was then marked down by 50% then 1500 x 0.5 = $750

Percent change = [ (difference between final value and initial value) ÷ initial value] x 100

= [ (1000 - 750) ÷ 1000 ] x 100

= 25% (drop)

ILikeAntsidn

Answer:

James is wrong because if you increase something's price by 50%, and decrease it by 50% of the new price, it will be lower than the original price.

Step-by-step explanation:

Let's say that the computer's price is around $1,000.

Since we have to mark it up by 50%, we have to turn this into a decimal and multiply that decimal by the original price. Then add the product to the original price

0.5 x 1,000 = 500

500 + 1,000 = 1,500

The marked up price of the computer is $1,500, then reduce it by 50%, do the same process as the first step but don't add it to the original price this time.

0.5 x 1,500 = 750

The computer's final price is $750

Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to assisting you again.