A 200% price increase is the same as 50% price increase followed by a ____ price increase'
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OpenStudy (anonymous):
pick an arbitrary price for an object and lets work ths out.
lets say the price originally was $100 (easy number to work with)
a percent price increase is adding the percent of the original price to the original price
a 200% increase on $100 would be $300
do you see why?
OpenStudy (anonymous):
how is it 300
OpenStudy (anonymous):
200% of 100 is $200
add that to 100 to get 300
OpenStudy (anonymous):
a.50%
b.100%
c.150%d.200%
OpenStudy (anonymous):
d.200%
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OpenStudy (anonymous):
so we have $100, and we want a 50% increase on that, which would be $150. What percent increase on that would equal $300? its a 100% increase because 100% of 150 is 150 and 150+150 = 300
OpenStudy (anonymous):
i think its 100%
OpenStudy (anonymous):
so its b
OpenStudy (anonymous):
yea
OpenStudy (anonymous):
do you see why?
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OpenStudy (anonymous):
no
OpenStudy (anonymous):
a percent price increase is adding the percent of the original price to the original price. so if we have something thats $20, a 100% increase on that is (100% of 20)+20 = $40