Answer:
2/3
Step-by-step explanation:
There are 2 numbers out of 3 that fit the rule, 1 and 3. There is a 2/3 chance picking one of them.
If you want to increase something by 3%, you would ADD 100% to it, so:
3% + 100% = 103%
Then you divide it by 100 to turn it into a decimal, so:
103% / 100 = 1.03
So to increase by 3%, the multiplier would be 1.03
If you wanted to decrease by 3%, you would SUBTRACT 100% from 3%, so:
100% - 3% = 97%
And then you would divide 97% by 100 to turn it into a decimal (multiplier), so:
97% / 100 = 0.97
So to decrease by 3%, the multiplier would be 0.97

1) Let's simplify those expressions making use of exponents rules:

Note that the exponent outside the parenthesis is 'distributed' over each term inside.
2) Similarly for the second expression we can state that:
Unit price is total price/ quantity purchased.
21.16 / 4 = 5.29
Unit price = $5.29 per pair