The retail price of Paradise Island cheddar cheese dropped from $10.98 to $9.98 when the package size

Question:

The retail price of Paradise Island cheddar cheese dropped from $10.98 to $9.98 when the package size was reduced from 700 g to 600 g. What was the percent change in the unit price?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

See More Books

Question Posted: Jan 20, 2016 06:43 AM

See More Questions

Two Rhode Island statutes prohibited advertising the retail price of alcoholic beverages. The first applied to vendors licensed in Rhode Island as well as to outof-state manufacturers, wholesalers,...
Olson Metrics Ltd. has been the dominant firm in its field. The companys most popular product has been the Model T, which carries a retail price of $ 350. The Model T costs $ 250 per unit to produce....
The retail price of a pair of skis consists of the wholesale cost to the retailer plus the retailers markup. If skis retailing for $712 are marked up by 60% of the wholesale cost, what is that...
Requests are not usually uniformly distributed. For example, a cylinder containing the file system FAT or in odes can be expected to be accessed more frequently than a cylinder that only contains...
Prepare Vikon Companys journal entries to reflect the following transactions for the current year. May 7 Purchases 200 shares of Felton stock as a short-term investment in available-for-sale...
A. Steve Jackson (birthdate December 13, 1965) is a single taxpayer living at 3215 Pacific Dr., Apt. B, Pacific Beach, CA 92109. His Social Security number is 465-88-9415. In 2018, Steves earnings...
Water is flowing through a long pipe of diameter $15 \mathrm{~cm}$ at $300 \mathrm{~K}$. The pressure gradient is $500 \mathrm{~Pa} / \mathrm{m}$. Using the Blasius equation for the friction...
Fred's Freight employs three drivers who are paid $20 per hour for regular time and $30 for overtime. A single pickup and delivery requires, on average, one hour of driver time. Drivers are paid for...
How do mentorship frameworks accommodate the nuanced interplay of individual aspirations, cultural contexts, and socio-economic landscapes, facilitating the cultivation of diverse talent pools with...
Trapper Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 320,000 shares of stock outstanding....
Fluffy laundry detergent reduced its regular size from 3.6 kg to 3 kg. The retail price dropped from $7.98 to $6.98. What was the percent change in the unit price?
Elegance shampoo has a suggested retail price of $4.49 for its 500 ml bottle. The manufacturer of the shampoo wants to increase the unit retail price by 10% at the same time that it reduces the...
A stream of particles of one size are 80% converted (SCMIash diffusion control, uniform gas environment) on passing through a reactor. If the reactor is made twice the size but with the same gas...
Evaluate each expression in Problems 3-32. $\left(\begin{array}{l}5 \\ 4\end{array}ight)$
How many permutations are there of the words given in Problems 33-42? CONCENTRATION
In Problems 20-52: a. State the type; and $\mathbf{b}$. Answer the question. What is the future value of $\$ 112,000$ invested for 5 years at $14 \%$ compounded monthly?
If the time response of a system is given by the following equation; \[ y(t)=5+3 \sin \left(\omega t+\delta_{1}ight)+e^{-3 t} \sin \left(\omega t+\delta_{2}ight)+e^{-5 t} \] Then the steady state...
The advertisement shown here claims that the following 12 mixand-match items give 122 different outfits. The wardrobe consists of 4 blouses, 2 slacks, 2 skirts, 1 sweater, 2 jackets, and 1 scarf....
A certain gas station sells X thousand gallons of gas each week. Suppose that the cumulative distribution function for X is F (x) = 1 - 1/4 (2 - x) 2 , 0 x 2. (a) If the tank contains 1.6 thousand...
Show that the block upper triangular matrix A in Example 5 is invertible if and only if both A 11 and A 22 are invertible. Data from in Example 5 EXAMPLE 5 A matrix of the form A = [ A11 A12 0 A22 is...
Convert each of the following fractions and mixed numbers to its decimal equivalent and percent equivalent values, rounded to five figures. 2 5/9
Convert each of the following fractions and mixed numbers to its decimal equivalent and percent equivalent values, rounded to five figures. 1 / 6
Round each of the following to four-figure accuracy. 0.0090909
Suppose that the net income view were to be correct in Problem 1. Describe a profitable investment strategy for investors in the companys bonds and equity if the company were to reduce its debt. What...
A piece of land in Ottawa with an area of 0.5 square kilometers is priced at 5200 Canadian dollars. If there are 0.9955 Canadian dollars per (U.S.) dollar, then what is the price in dollars per...
Marc and Mikkel are married and file a joint tax return. Marc and Mikkel earned salaries this year of $ 6 6 , 2 0 0 and $ 2 5 , 2 0 0 , respectively. In addition to their salaries, they received...

The retail price of Paradise Island cheddar cheese dropped from $10.98 to $9.98 when the package size

Question:

Step by Step Answer:

Initial unit price 1098cents 700g 1568...View the full answer

Business Mathematics In Canada

Students also viewed these Accounting questions