Math Problem Statement

At a supermarket, the price of yellow onions dropped from $0.56 per pound to $0.43 per pound.

(a)

What is the percent decrease in the price of onions? (Round your answer to one decimal place.)

 %

(b)

Tomatoes are expected to undergo the same percent decrease in price. If they currently sell for $1.06 per pound, what will be the new price (in $ per lb) of tomatoes? (Round your answer to two decimal places.)

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Change
Basic Arithmetic

Formulas

Percent Decrease formula
New Price calculation formula

Theorems

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Suitable Grade Level

Grades 7-9