a 1 - liter bottle of orange juice used to cost $2.85 at a food market. its price has increased; the new…

a 1 - liter bottle of orange juice used to cost $2.85 at a food market. its price has increased; the new price is 110 percent of the original price. what is the new price of the juice? round your answer to the nearest cent.\n$2.95\n$2.99\n$3.09\n$3.14

a 1 - liter bottle of orange juice used to cost $2.85 at a food market. its price has increased; the new price is 110 percent of the original price. what is the new price of the juice? round your answer to the nearest cent.\n$2.95\n$2.99\n$3.09\n$3.14

Answer

Explanation:

Step1: Convert percentage to decimal

To find 110% of a number, we convert 110% to a decimal. 110% = 1.10 (since $110%=\frac{110}{100}=1.10$).

Step2: Calculate new - price

Multiply the original price by the decimal. The original price is $2.85. So the new price is $2.85×1.10 = 3.135$.

Step3: Round to the nearest cent

Rounding 3.135 to the nearest cent (hundredth), we get $3.14.

Answer:

D. $3.14