Solve for the base. Round to the nearest cent.
-Part: $7,209.00 Rate of decrease: 33%

Question

Quizplus · Accepted Answer

To solve for the base, we use the formula:
Base x (1 - Rate of decrease) = Part

Plugging in the given values, we get:
Base x (1 - 0.33) = 7,209
Base x 0.67 = 7,209
Base = 7,209 / 0.67
Base = 10,759.701492537313

Rounding to the nearest cent, we get the final answer of $10,759.70, which is option C. To solve for the base, we need to divide the part by (100% - rate of decrease):
Base = Part / (100% - Rate of decrease)
Base = 7,209 / (100% - 33%)
Base = 7,209 / 67%
Base = 10,759.70 (rounded to the nearest cent)
Therefore, the correct choice is C.

Solve for the Base