Consider the problem below. What factors should the antiques dealer take into consideration when establishing a fair price? What should Pete consider? Pete Smith found in his attic a Woody Woodpecker watch in its original box. It had a price tag on it for $4.50. The watch was made in 1949. Pete brought the watch to an antiques dealer and sold it for $35. What was the percent of increase in price? Round to the nearest hundredth percent.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 1C
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Consider the problem below. What factors should the antiques dealer take into consideration when establishing a fair price? What should Pete consider?

Pete Smith found in his attic a Woody Woodpecker watch in its original box. It had a price tag on it for $4.50. The watch was made in 1949. Pete brought the watch to an antiques dealer and sold it for $35. What was the percent of increase in price? Round to the nearest hundredth percent.

 

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