Answer:
a) True
e
The price increase from $40.00 to $44.00 represents a 10% rise, confirming the statement.
Step-by-step explanation:
The price increase from $40.00 to $44.00 indicates a rise in value. To verify this change, we can calculate the percentage increase using the formula:
![\[ \text{Percentage Increase} = \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} * 100 \]](https://img.qammunity.org/2024/formulas/mathematics/high-school/kmkhlrzed5wci7npo9yfdyrse5dyqu3jwb.png)
Substituting the given values:
![\[ \text{Percentage Increase} = (44.00 - 40.00)/(40.00) * 100 = (4.00)/(40.00) * 100 = 10\% \]](https://img.qammunity.org/2024/formulas/mathematics/high-school/2abok3pme5511ulbg6xq68yesk62pfnw0o.png)
The positive percentage increase confirms that the price has indeed risen, supporting the statement that the price of the radio has increased from $40.00 to $44.00.
In financial or mathematical contexts, a positive percentage increase signifies growth, while a negative percentage indicates a decrease. In this case, the 10% increase in price is a clear indicator of a higher value for the radio, affirming the truth of the statement.
Therefore, the correct answer is (a) True, as the price of the radio has experienced a 10% increase from $40.00 to $44.00.