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GREYUIT [131]
2 years ago
12

If inflation from last year to this year was 2% and a pair of designer jeans sold for $75 last year, what would you expect to pa

y for them this year?
Mathematics
1 answer:
tamaranim1 [39]2 years ago
7 0

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.

\text{Price of pair of jeans this year}=\$75+\$75\times\frac{2}{100}

\text{Price of pair of jeans this year}=\$75+\$75\times0.02

\text{Price of pair of jeans this year}=\$75+\$1.5

\text{Price of pair of jeans this year}=\$76.5

Therefore, the price of pair of jeans would be $76.5 this year.

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