Page 59 - Calculating Agriculture Cover 20191124 STUDENT - A

CH 4] Calculating Agriculture 4-21

d. Calculate the new price for each of the following. Round to the nearest cent.

Price Change Former Price New Price

1
26. 177 / 4 % Increase $1,500.00
Convert Percent to Decimal, Multiply & Add.

1.7725 x $1,500.00 = $2,658.75

$2,658.75 + $1,500.00 = $4,158.75
(1 + 1.7725) x $1,500 = $4,158.75

1
27. 22 / 2 % Increase $750.00
Convert Percent to Decimal, Multiply & Add.

0.225 x $750.00 = $168.75

$168.75 + $750.00 = $918.75
(1 + 0.225) x $750 = $918.75

1
28. 18 / 8 % Decrease $5,200.00
Convert Percent to Decimal, Multiply & Subtract.
4
0.18125 x $5,200.00 = $942.50

$5,200.00 — $942.50 = $4,257.50
(1— 0.18125) x $5,200 = $4,257.50

29. 35% Decrease $4,250
Convert Percent to Decimal, Multiply & Subtract.

0.35 x $4,250.00 = $1,487.50

$4,250.00 — $1,487.50 = $2,762.50

(1— 0.35) x $4,250 = $2,762.50

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