SOLUTION: what is the rate of change if the price of an item rises from $123.00 to $154.00?
the difference between $154. and $123. is $31.00. (P = $31.)?
the original amount was $123. be
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Question 770498: what is the rate of change if the price of an item rises from $123.00 to $154.00?
the difference between $154. and $123. is $31.00. (P = $31.)?
the original amount was $123. before the increase. (B = $123.)?
what is the rate of change? (R =___)
From this point on i am lost. I tried dividing $31. into $123. and my book says i got the answer wrong.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
what is the rate of change if the price of an item rises from $123.00 to $154.00?
the difference between $154. and $123. is $31.00. (P = $31.)?
the original amount was $123. before the increase. (B = $123.)?
what is the rate of change? (R =31/123 = 0.2520 = 25.2%)
That is the percent change.
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The rate you are asked to calculate may be something line 1:1.2520
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I would suggest you find a worked example in your text to see
exactly what is meant to by "rate of change".
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Cheers.
Stan H.
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