Answer:
(B) The price is 150% of the price before
(E) The price is now 1.5 of what it was before
Explanation:
You want to identify statements equivalent to "price increased by 1/2 of what it was before".
New price
For some initial price of p, the new price is ...
p + 1/2p . . . . price increased by 1/2 of what it was before
This can be simplified to ...
p(1 +1/2) = p(1.50) . . . . price is now 1.5 of what it was
Expressed as a percentage, the multiplier is ...
p(1.50 × 100%) = p(150%) . . . . price is 150% of the price before
The correct choices are ...
(B) The price is 150% of the price before
(E) The price is now 1.5 of what it was before
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