Algebra 1

Published by Prentice Hall
ISBN 10: 0133500403
ISBN 13: 978-0-13350-040-0

Chapter 2 - Solving Equations - 2-9 Percents - Practice and Problem-Solving Exercises: 45

Answer

121 percent

Work Step by Step

Step 1) 1.21 x 100 is 121% --- Let x equal the percent. Set up the proportion 1.21 to 1 equals x over 100. Since it costs more to produce a penny than its value, you can conclude that the government loses money by minting pennies.
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