Put The Following Items In Order From Most Expensive To Least Expensive.$[ \begin{array}{|c|c|c|c|} \hline \text{Item} & \text{Base Price} & \text{Change} & \text{Direction} \ \hline \text{Toaster} & $23.35 & 36% & \text{Markup}
Introduction
In this article, we will explore the concept of ordering items from most expensive to least expensive. We will use a mathematical approach to determine the correct order of the items based on their base prices and changes. This will involve calculating the final prices of the items after applying the changes and then comparing them to determine the order.
The Items
We have been given the following items with their base prices, changes, and directions:
| Item | Base Price | Change | Direction |
|---|---|---|---|
| Toaster | $23.35 | 36% | Markup |
| Blender | $45.00 | 25% | Markup |
| Coffee Maker | $20.00 | 15% | Markup |
| Kettle | $18.00 | 10% | Markup |
Calculating the Final Prices
To determine the final prices of the items, we need to apply the changes to their base prices. We will use the formula:
Final Price = Base Price + (Base Price x Change)
We will apply this formula to each item to calculate its final price.
Toaster
The base price of the toaster is $23.35, and the change is 36%. We will calculate the final price as follows:
Final Price = $23.35 + ($23.35 x 0.36) = $23.35 + $8.41 = $31.76
Blender
The base price of the blender is $45.00, and the change is 25%. We will calculate the final price as follows:
Final Price = $45.00 + ($45.00 x 0.25) = $45.00 + $11.25 = $56.25
Coffee Maker
The base price of the coffee maker is $20.00, and the change is 15%. We will calculate the final price as follows:
Final Price = $20.00 + ($20.00 x 0.15) = $20.00 + $3.00 = $23.00
Kettle
The base price of the kettle is $18.00, and the change is 10%. We will calculate the final price as follows:
Final Price = $18.00 + ($18.00 x 0.10) = $18.00 + $1.80 = $19.80
Ordering the Items
Now that we have calculated the final prices of the items, we can order them from most expensive to least expensive.
| Item | Final Price |
|---|---|
| Blender | $56.25 |
| Toaster | $31.76 |
| Coffee Maker | $23.00 |
| Kettle | $19.80 |
Conclusion
In this article, we used a mathematical approach to determine the correct order of the items from most expensive to least expensive. We calculated the final prices of the items by applying the changes to their base prices and then compared them to determine the order. The final order of the items is:
- Blender ($56.25)
- Toaster ($31.76)
- Coffee Maker ($23.00)
- Kettle ($19.80)
Introduction
In our previous article, we explored the concept of ordering items from most expensive to least expensive using a mathematical approach. We calculated the final prices of the items by applying the changes to their base prices and then compared them to determine the order. In this article, we will answer some frequently asked questions related to this topic.
Q: What is the formula for calculating the final price of an item?
A: The formula for calculating the final price of an item is:
Final Price = Base Price + (Base Price x Change)
Q: What is the change in the formula?
A: The change in the formula is the percentage increase or decrease in the base price of the item. It is represented as a decimal value, where 1% is equal to 0.01.
Q: How do I determine the direction of the change?
A: The direction of the change is indicated by the word "Markup" or "Discount". If the change is a markup, it means that the base price is being increased by the specified percentage. If the change is a discount, it means that the base price is being decreased by the specified percentage.
Q: Can I use this formula to calculate the final price of an item with a discount?
A: Yes, you can use this formula to calculate the final price of an item with a discount. Simply replace the word "Markup" with "Discount" and use a negative value for the change.
Q: How do I order items from most expensive to least expensive?
A: To order items from most expensive to least expensive, you need to compare the final prices of the items. The item with the highest final price is the most expensive, and the item with the lowest final price is the least expensive.
Q: Can I use this approach to order items with different types of changes?
A: Yes, you can use this approach to order items with different types of changes. For example, you can have items with markups, discounts, and even items with no change.
Q: What are some real-world applications of this approach?
A: This approach has many real-world applications, such as:
- Comparing prices of different products
- Determining the most expensive item in a list
- Calculating the final price of an item with a discount or markup
- Ordering items from most expensive to least expensive
Conclusion
In this article, we answered some frequently asked questions related to ordering items from most expensive to least expensive. We provided explanations and examples to help clarify the concepts and formulas involved. We hope that this article has been helpful in understanding this topic and applying it in real-world scenarios.
Additional Resources
For more information on this topic, you can refer to the following resources:
- Mathematical Formulas for Calculating Final Prices
- Ordering Items from Most Expensive to Least Expensive
- Real-World Applications of Calculating Final Prices
We hope that this article has been helpful in understanding the concept of ordering items from most expensive to least expensive. If you have any further questions or need additional clarification, please don't hesitate to ask.