At a supermarket, the price of yellow onions dropped from $0.56 per pound to $0.44 per pound. (a) What is the percent decrease in the price of onions? (Round your answer to one decimal place.) X % (b) Tomatoes are expected to undergo the same percent decrease in price. If they currently sell for $1.03 per pound, what will be the new price (in $ per Ib) of tomatoes? (Round your answer to two decimal places.) X per lb Enter a number.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4: Preparing And Using Financial Statements
Section: Chapter Questions
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At a supermarket, the price of yellow onions dropped from $0.56 per pound to S0.44 per pound.
(2)
What is the percent decrease in the price of onions? (Round your answer to one decimal place.)
コx
(b) Tomatoes are expected to undergo the same percent decrease in price. If they currently sell for $1.03 per pound, what will be the
new price (in $ per Ib) of tomatoes? (Round your answer to two decimal places.)
********
X per lb
Enter a nurmber.
Transcribed Image Text:At a supermarket, the price of yellow onions dropped from $0.56 per pound to S0.44 per pound. (2) What is the percent decrease in the price of onions? (Round your answer to one decimal place.) コx (b) Tomatoes are expected to undergo the same percent decrease in price. If they currently sell for $1.03 per pound, what will be the new price (in $ per Ib) of tomatoes? (Round your answer to two decimal places.) ******** X per lb Enter a nurmber.
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