You go to your favorite food market and see an item that you used to regularly purchased, although the last time was 8 months ago. The package looks the same BUT looking at the label you see that the number of pieces in the package has decreased. What was the percentage of decrease in the quantity? Round answer to one decimal place. Use a proportion to determine what the new selling price should be with this reduction in quantity.Rather than a reduced price because the quantity was reduced, the price is kept the same as the original price. So, the price of each piece in the new package will have increased.Find the price of each piece (ie the unit price) in the original package and in the new package. Then determine the percentage of price increase for each piece. Round answer to one decimal place.Original Package: Number of items: 42 PIECESNew Package: Number of items: 36 PIECESPrice of original package: $4.75

Given, Number of items in original package= 42 Number of items in new package= 36 Price of original…

Answered: You go to your favorite food market and…

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter24: Percent Practical Applications

Section: Chapter Questions

Problem 32A: A manufacturer estimates that 15,500 pieces per day could be produced with the installation of new...

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You go to your favorite food market and see an item that you used to regularly purchased, although the last time was 8 months ago.

The package looks the same BUT looking at the label you see that the number of pieces in the package has decreased. What was the percentage of decrease in the quantity? Round answer to one decimal place.
Use a proportion to determine what the new selling price should be with this reduction in quantity.
Rather than a reduced price because the quantity was reduced, the price is kept the same as the original price. So, the price of each piece in the new package will have increased.
1. Find the price of each piece (ie the unit price) in the original package and in the new package.
2. Then determine the percentage of price increase for each piece. Round answer to one decimal place.

Original Package: Number of items: 42 PIECES

New Package: Number of items: 36 PIECES

Price of original package: $4.75

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