Question

In August, Ralph bought a new set of golf clubs that cost $775. The cost of the clubs was marked up to $800 in October. Which proportion can be used to find what percent of the original price the new price is, if p represents the unknown percent?

Answer 1

Answer:

The new price represents a 96.9% of the original price.

Step-by-step explanation:

Givens

• The new set of golf clubs cost $775
• The cost was marked up $800 in October.

Let's call $p$ the unknown percentage.

To find the percentage of the original price is the new price, we just need to divide them, and then multiply them by 100 to express the result in percetange

$p=\frac{775}{800} \times 100\%= 96.9 \%$

Therefore, the new price represents a 96.9% of the original price.

In other words, the new price is 3.1% less than the original price.

Answer 2

P(800)=775
800p=775
800p/800=775/800
p=0.96875
rounded = 97 percent