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Mathematics 23 Online
OpenStudy (barbware):

A computer store decides to increase the prices of all the items it sells by 15%. The store manager uses matrices to prepare the new price list. Matrix A contains the unit price of each product in each category. Matrix B contains the revised price of each item in each category. How can the manager obtain the entries for Matrix B?

jimthompson5910 (jim_thompson5910):

A = matrix of old prices B = matrix of new prices If you increase the prices by 15%, then that's the same as multiplying by 1.15, so B = 1.15*A

jimthompson5910 (jim_thompson5910):

`1.15*A` means you multiply EVERY value in matrix A by 1.15 to get new values for matrix B

OpenStudy (barbware):

thank you

jimthompson5910 (jim_thompson5910):

no problem

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