A person’s salary can increase by a percentage. A town’s population can decrease by a percentage. A clothing firm can discount its apparel. These are the types of applications we will investigate in this section.
Exercises
1. A television set is marked at $447. However, a sign in the shop indicates that the television set is being discounted at 20.5%. What will be the new selling price of the television set? Round your answer to the nearest penny.
2. A stereo set is marked at $380. However, a sign in the shop indicates that the stereo set is being discounted at 7.5%. What will be the new selling price of the stereo set? Round your answer to the nearest penny.
3. Due to a ball bearing plant closure, Anselm falls on hard times and its population decreases from 10,794 to 8,925 in the space of one year. What is the percent decrease, rounded to the nearest hundredth of a percent?
4. Due to a logging mill closure, Carlytown falls on hard times and its population decreases from 12,113 to 10,833 in the space of one year. What is the percent decrease, rounded to the nearest hundredth of a percent?
5. A car rack is marked at $500. However, a sign in the shop indicates that the car rack is being discounted at 3.5%. What will be the new selling price of the car rack? Round your answer to the nearest penny.
6. A car rack is marked at $405. However, a sign in the shop indicates that the car rack is being discounted at 17.5%. What will be the new selling price of the car rack? Round your answer to the nearest penny.
7. Due to a textile mill closure, the population of Silvertown decreases by 4.1%. If the original population was 14,678 hardy souls, what is the new population, correct to the nearest person?
8. Due to a department store closure, the population of Petroria decreases by 5.3%. If the original population was 14,034 hardy souls, what is the new population, correct to the nearest person?
9. A bartender is granted a 4.6% salary increase. If the bartender’s current salary is $2,500 per month, find the bartender’s new monthly salary, rounded to the nearest dollar.
10. A bartender is granted a 5.5% salary increase. If the bartender’s current salary is $2,900 per month, find the bartender’s new monthly salary, rounded to the nearest dollar.
11. A car rack marked at $358 is sold for $292. Find the percent discount, correct to the nearest tenth of a percent.
12. A bicycle marked at $328 is sold for $264. Find the percent discount, correct to the nearest tenth of a percent.
13. Due to a auto manufacturing plant closure, Carlytown falls on hard times and its population decreases from 14,393 to 12,623 in the space of one year. What is the percent decrease, rounded to the nearest hundredth of a percent?
14. Due to a ball bearing plant closure, Mayville falls on hard times and its population decreases from 8,494 to 6,609 in the space of one year. What is the percent decrease, rounded to the nearest hundredth of a percent?
15. Due to a auto manufacturing plant closure, the population of Silvertown decreases by 2.4%. If the original population was 8,780 hardy souls, what is the new population, correct to the nearest person?
16. Due to a textile mill closure, the population of Ghosttown decreases by 6.1%. If the original population was 14,320 hardy souls, what is the new population, correct to the nearest person?
17. A clerk making a salary of $2,600 per month has her salary increased to $2,950 per month. Find the percent increase correct to the nearest tenth of a percent.
18. A clerk making a salary of $3,600 per month has her salary increased to $4,100 per month. Find the percent increase correct to the nearest tenth of a percent.
19. A bartender making a salary of $4,200 per month has her salary increased to $4,300 per month. Find the percent increase correct to the nearest tenth of a percent.
20. A bartender making a salary of $3,200 per month has her salary increased to $3,550 per month. Find the percent increase correct to the nearest tenth of a percent.
21. A gardener is granted a 5.1% salary increase. If the gardener’s current salary is $3,200 per month, find the gardener’s new monthly salary, rounded to the nearest dollar.
22. A secretary is granted a 2.8% salary increase. If the secretary’s current salary is $3,600 per month, find the secretary’s new monthly salary, rounded to the nearest dollar.
23. A television set marked at $437 is sold for $347. Find the percent discount, correct to the nearest tenth of a percent.
24. A camera marked at $390 is sold for $328. Find the percent discount, correct to the nearest tenth of a percent.
25. Suppose that the price of an 8-ounce can of tomato sauce increased from $0.20 to $0.28.
a) What was the amount of increase?
b) What was the percent increase?
26. The following table summarizes summertime gasoline prices in San Francisco, CA. The price is the number of dollars required to purchase one gallon of unleaded gasoline. Data from gasbuddy.com.
\[ \begin{array}{ c c} \text{Year } & \text{ Price per gallon} \\ 2003 & 1.80 \\ 2004 & 2.28 \\ 2005 & 2.57 \\ 2006 & 3.20 \\ 2007 & 3.28 \\ 2008 & 4.61 \\ 2009 & 3.01 \end{array}\nonumber \]
What is the percent increase or decrease from 2003 to 2005? Round your answer to the nearest whole percent.
27. Refer to the table of gas prices in Exercise 26. What is the percent increase or decrease from 2005 to 2007? Round your answer to the nearest whole percent.
28. Refer to the table of gas prices in Exercise 26. What is the percent increase or decrease from 2007 to 2009? Round your answer to the nearest whole percent.
29. Rate hike. A family paying $858 monthly for health coverage is faced with a 39% hike in rates. What will be their new monthly cost after the increase? Associated Press-Times-Standard 02/09/10 HHS secretary asks Anthem Blue Cross to justify rate hike.
30. Parking fine. San Francisco’s Metropolitan Transportation Agency was expected to consider raising fines for the use of fake, stolen, or borrowed disabled parking tags from $100 to $825. What is the percent increase for this fine? Associated Press-Times-Standard 01/06/10 Fines for fake disabled parking tags may go up in San Francisco.
31. Industrial move. Regulations in California have caused factory farmers to move out of state. Idaho’s industrial dairy went from 180, 000 cows in 1990 to 530, 000 cows in 2009. What is the percent increase for Idaho industrial dairy cows, rounded to the nearest percent? Associated Press-Times-Standard 02/09/10 Idaho, others prepare for California egg farm exodus.
32. Whooping crane. Whooping crane populations made a remarkable comeback from just 15 birds in 1941 to about 400 birds worldwide in 2010. What is the percent increase for the whooping crane population over the past seventy years, rounded to the nearest percent? Associated Press-Times-Standard 03/17/10 Plucky whooping crane gives wildlife experts hope.
33. Underwater. The loss of Arctic sea ice will allow for an underwater fiber optic cable that will cut the time it takes to send a message from London to Tokyo from a current 140 milliseconds down to 88 milliseconds. Associated Press-Times-Standard 01/22/10 Global warming opens up Northwest Passage for underwater fiber optic cable.
a) What is the estimated percent decrease in communication time?
b) At a cost of $1.2 billion, what is the cost per millisecond of saving (rounded to the nearest dollar)?
34. Chinook salmon. During the 2009 season in the Sacramento river basin, a record low 39,500 chinook salmon were recorded, way down from the more than 750,000 counted in 2002. What is the percent decrease in the salmon count from 2002 to 2009, rounded to the nearest percent? Associated Press-Times-Standard 02/25/10 Feds predict better year for California salmon.
35. Daylight hours. In middle latitudes, summer days can have as many as 14 hours of daylight, while winter days can have a few as 10 hours of daylight. What percent more daylight is there in summer than in winter?
36. Cyber-experts. Defense Secretary Robert Gates said the Pentagon will increase the number of cyber-experts it can train each year from 80 to 250 by 2011. What percent increase is this? Round your answer to the nearest percent. Associated Press Times-Standard 4/19/09
37. Home prices. Real estate data for Humboldt County, California, is given below. Associated Press-Times-Standard 01/17/10 How is our local real estate market compared to other regions?
\[ \begin{array}{c c c} \text{Year } & \text{ Number of homes sold } & \text{ Average home price } \\ 2000 & 1,358 & $152,257 \\ 2005 & 1,432 & $344,500 \\ 2009 & 833 & $285,000 \end{array}\nonumber \]
a) What percent change in average home price occurred between 2000 and 2009?
b) What percent change in homes sold occurred between 2000 and 2009?