Amber C.

asked • 09/28/18

What is the cost of $1.09 if it decreases 37.3 percent. New cost.

Tomatoes are expected to undergo a 37.3 decrease in price. If current price is a $1.09, what is the new price?

1 Expert Answer

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Andy C. answered • 09/28/18

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(100% - 37.3%) * 1.09=0.68343
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Amber C.

I did that and it is telling me I am wrong
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09/28/18

Andrew M.

That is the correct answer for a decrease of 37.3% from $1.09
Rounded it would simply be $0.68
 
If it is supposed to be an increase then the new price is
137.3% of the original price
 
1.373(1.09) = 1.49657  rounded to nearest cent is $1.50
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09/28/18

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