Answer:
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Answer:
The percent decrease was 20%
Step-by-step explanation:
In order to find this, use the percent change equation.
(New - Old)/(Old) * 100 = % Change
Now input 48 for the New price and 60 for the Old price.
(48 - 60)/(60) * 100 = % Change
12/60 * 100 = % Change
.2 * 100 = % Change
20 = % Change
$409.80.
The amount of net profit the store makes on each container is given by 1.67-0.83 (the amount it is sold for subtracted by the amount it costs the store), which is $0.84 per container. They sell 470 containers, so the net profit at this point is 470(0.84) = $394.80.
However, since the distributor is giving the store a $0.50 refund on all every container under 500 that the store sells, the store gets additional money back:
500-470 = 30 containers not sold
30(0.50) = 15
So the total profit is $394.80 + 15 = $409.80.
Nigel needs 5 bags in order to put each five slices in their own bag.
