ineedhelpplease99
ineedhelpplease99 ineedhelpplease99
  • 02-05-2017
  • Mathematics
contestada

The selling price for a can of soda last year in the school vending machine was $0.75. This year the selling price is $0.70. Find the deflation rate.

-25%

-6.7%

-1.0%

-5.3%

Respuesta :

NateDogg2001
NateDogg2001 NateDogg2001
  • 02-05-2017
-5.3 % is what i would say the answer is 
Answer Link
windyyork windyyork
  • 29-06-2019

Answer: Second option is correct.

Step-by-step explanation:

Since we have given that

Selling price for a can of soda last year = $0.75

Selling price for a can of soda this year = $0.70

Difference between the selling price for a can = $0.70 - $0.75 = -$0.05

So, Deflation rate would be

[tex]\dfrac{-0.05}{0.75}\times 100\\\\=-6.7\%[/tex]

Hence, Second option is correct.

Answer Link

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