Suppose the price of a certain item increases by 3.8% a total of 5 times, and then decreases by 2% a total of 2 times. By what overall percent did the price increase? Round your answer to the nearest tenth of a percent.

Suppose the price of a certain item increases by 3.8% a total of 5 times, and then decreases by 2% a total of 2 times. By what overall percent did the price increase? Round your answer to the nearest tenth of a percent.

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter24: Percent Practical Applications

Section: Chapter Questions

Problem 40A: A manufacturing company receives $122,000 upon the completion of a job. Total expenses for the job...

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Suppose the price of a certain item increases by 3.8% a total of 5 times, and then decreases by 2%
a total of 2 times. By what overall percent did the price increase?
Round your answer to the nearest tenth of a percent.

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