SOLUTION: The price of product R is 20 percent higher than the price of product S, which in turn is 30 percent higher than the price of product T. The price of product R is what percent high

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Question 274834: The price of product R is 20 percent higher than the price of product S, which in turn is 30 percent higher than the price of product T. The price of product R is what percent higher than the price of product T?
a) 60% b) 56% c) 50% d) 44%
Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
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The price of product R is 20 percent higher than the price of product S,
R = 1.2S
:
which in turn is 30 percent higher than the price of product T.
S = 1.3T
:
The price of product R is what percent higher than T
R = 1.2(1.3T)
R = 1.56T or 56% higher