Question

The place of an item that is sold for $540 was reduced by 33 1 over3% by what percent match the price of an item be increased to bring the price back up to $540

Answer 1

9514 1404 393

Answer:

50%

Explanation:

After a reduction by 33 1/3%, the price is 66 2/3% = 2/3 of its original value. To bring it back to 1 times the original value, it must be multiplied by the reciprocal of 2/3, that is, it must be multiplied by 3/2 = 1.50 = 1 +50%.

The price must be increased by 50% to bring it back up to $540.