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10 Oct 2023, 10:59
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Percent increase in cost of belt: 5%
Percent increase in cost of hose: 2%
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
54% (03:47) correct
46%
(03:41)
wrong
based on 233
sessions
History
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Not Attempted Yet
Data Insights (DI) Butler 2023-24 [Question #27, Date: Oct-10-2023] [Click here for Details]
Affordable Auto Parts and Careful Car Repair both have standing monthly orders with the same supplier for belts at $5 each and hoses at $ 10 each. Affordable’s standard shipment is 100 belts and 50 hoses, while Careful’s larger enterprise receives 200 belts and 200 hoses. Recently, the supplier raised prices. Affordable’s total monthly invoice increased 3.5%, but Careful’s total invoice increased 3%. Find the percent increases in the cost of the belt and the cost of the hose.
| Percent increase in cost of belt | Percent increase in cost of hose | |
| 2% | ||
| 2.5% | ||
| 3% | ||
| 3.25% | ||
| 4% | ||
| 5% |
ShowHide Answer
Official Answer
Percent increase in cost of belt: 5%
Percent increase in cost of hose: 2%
10 Oct 2023, 19:41
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Affordable Auto Parts and Careful Car Repair both have standing monthly orders with the same supplier for belts at $5 each and hoses at $ 10 each. Affordable’s standard shipment is 100 belts and 50 hoses, while Careful’s larger enterprise receives 200 belts and 200 hoses. Recently, the supplier raised prices. Affordable’s total monthly invoice increased 3.5%, but
Careful’s total invoice increased 3%. Find the percent increases in the cost of the belt and the cost of the hose.
Affordable cost is $1000 and new price is 1035
Careful cost is 3000 and new price is 3090
use plug in
belt % increase is 5% & hose is 2%
Careful’s total invoice increased 3%. Find the percent increases in the cost of the belt and the cost of the hose.
Affordable cost is $1000 and new price is 1035
Careful cost is 3000 and new price is 3090
use plug in
belt % increase is 5% & hose is 2%
