The price of an air conditioner is 2500 dollars. At the beginning of the summer season, its price increased by 10% and at the end of the season its price decreased by 15%.
What is the price of the air conditioner at the end of the season?
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The price of an air conditioner is 2500 dollars. At the beginning of the summer season, its price increased by 10% and at the end of the season its price decreased by 15%.
What is the price of the air conditioner at the end of the season?
To solve this problem, we will walk through each step sequentially:
Step 1: Calculate the price after a 10% increase.
Step 2: Calculate the price after a 15% decrease from the increased price.
Now, let's work through these steps:
Step 1: The original price of the air conditioner is \2500 \). When the price is increased by 10%, the new price is calculated as follows:
Step 2: This increased price of \
Therefore, the price of the air conditioner at the end of the season is dollars.
2337.5 $
Calculate 30 over 100 as a percentage:
Because percentage changes are sequential, not simultaneous! The 15% decrease applies to the increased price of 2500. This makes a big difference in your final answer.
To increase by 10%, multiply by 1.10 (which is 1 + 0.10). For any percentage increase, use
To decrease by 15%, multiply by 0.85 (which is 1 - 0.15). For any percentage decrease, use
You'd get a different answer! If we decreased first (15%) then increased (10%): 2500 \times 0.85 \times 1.10 = \2337.50 \). Interestingly, it's the same because multiplication is commutative!
Yes! You can multiply the original price by both factors at once: 2500 \times 1.10 \times 0.85 = \2337.50 \). This works because you're applying both changes sequentially.
The final price should be less than the original since the 15% decrease is larger than the 10% increase. Also, verify: 2500 ✓
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