Answer:
0.105
0.11 if you are expected to round to nearest cent.
Step-by-step explanation:
"of" should be thought of as times.
So you are doing:
7% is the same as .07; you could just replace percent with times 1/100 if you don't know. Like this 7%=7*1/100=7/100=.07.
When putting this into the calculator you get 0.105.
Answer:
$76.5
Step-by-step explanation:
We have been given that inflation from last year to this year was 2% and a pair of designer jeans sold for $75 last year. We are asked to find the price of pair of designer jeans this year.
An inflation of 2% will increase the price of pair of jeans by 2%, so price of pair of jeans this year would be $75 plus 2% of $75.
Therefore, the price of pair of jeans would be $76.5 this year.