Because of the unexpected cold weather, the cost of tomatoes increased by 50 percent in one month. If the cost after the increase was 60 cents per pound, what was the cost before the increase?

A 50% increase is just taking the original amount and adding half of that towards the amount.
Example : 50% of 100 is 50 so a 50% increase to 100 would be 150
a formula for this would be X + (1/2×X) = Y
in your case we're working backwards with the known being 60
We can just plug in reasonable values for X until we get 60
50% of 40 is 20
40 + 20 = 60
so the original amount was 40

Answered by Miguelrangel2015 | 2024-06-10

To find the cost of tomatoes before the 50% increase, we can use the formula:
Cost before increase = Cost after increase / (1 + Percentage increase)
In this case, the cost after the increase is $0.60 per pound and the percentage increase is 50%.
Plugging in the values:
Cost before increase = $0.60 / (1 + 0.50) = $0.40 per pound
So, the cost of tomatoes before the increase was $0.40 per pound.

Answered by AliciaAugello | 2024-06-24

The original cost of tomatoes before the increase was 40 cents per pound. The price increased by 50%, resulting in a final price of 60 cents per pound. This is calculated by dividing the final cost by 1.5, which accounts for the increase.
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Answered by Miguelrangel2015 | 2024-12-26