Question

Find the increase in price of a single piece of design, when crafts design price is increased by 45% which makes a buyer to buy 8 design less, for $500?

Answer 1

Answer: Original price = $43.10, Increase = $19.40, Final price = $62.50

Step-by-step explanation:

Let x represent the original price, then

8x(1.45) < $500

$x$

x < $43.10

Increase is 0.45x

0.45($43.10)

= $19.40

Final price is Original + Increase

$43.10 + $19.40

= $62.50