Mathematics, 15.12.2020 23:20 lcy1086526Lisa1026
Felix’s Feed Mill sells chicken feed for $8.00 per bag. This price is no longer high enough to create a profit. Felix decides to raise the price. He is considering four different plans.
Plan A: Raise the price by $0.10 each week until the price reaches $12.00.
Plan B: Raise the price by 10 percent each week until the price reaches $12.00.
Plan C: Raise the price by the same amount each week for 8 weeks, so that in the eighth week the price is $12.00.
Plan D: Raise the price by $0.25 each week until the price reaches $12.00.
Which plan will result in the price of the feed reaching $12.00 fastest?
-plan A
-plan B
-plan C
-plan D
Answers: 1
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Felix’s Feed Mill sells chicken feed for $8.00 per bag. This price is no longer high enough to creat...
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