Question

A 1-liter bottle of orange juice used to cost $2.85 at a food market. Its price has increased; the new price is 110 percent of the original price. What is the new price of the juice? Round your answer to the nearest cent.

Answer 1

So when they say 110% they mean 100% of the original price plus 10% of the original price. Now all we need to do is find 10% of the price and add it to the current price. 2.85 ÷ 100 = 0.0285 → 0.0285 x 10 = 0.285 → 0.285 + 2.85 = 3.14. The answer is $3.14 rounded to the nearest cent.