Question

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.

Answer 1

2.85 x 1.1 = 3.135 ≈ $3.14

Answer 2

New price = 110% of original price

                   = (110/100)*2.85

                   =  1.1 * 2.85 = 3.135

Price ≈ $3.14 to the nearest cent.