You just priced what it would cost to buy vinyl floor tiles at the local tile store. They quoted you $3.29 per tile. When you went home, you found the same exact tile for sale at an online outlet for $2.89 per tile.

As a percentage, how much more expensive is the tile store's quote?

How would I do this and set it up to figure out the answer?

(3.29-2.89)/2.89 = .40/2.89 = .1384 or 13.84%

Answered by brodystout | 2024-06-10

The tile store's quote is 13.8% more expensive.
To calculate how much more expensive the tile store's quote is compared to the online outlet, we need to find the percentage difference relative to the cheaper price.
First, we subtract the cheaper price of the tile ($2.89) from the tile store's price ($3.29) to find the difference in price.
The difference is $3.29 - $2.89 = $0.40 per tile.
Next, to find this difference as a percentage of the cheaper price, we divide the price difference by the cheaper price:
= $0.40 / $2.89.
This gives us approximately 0.138 or 13.8%.
Therefore, the tile store's quote is 13.8% more expensive than the online outlet's price.
We set up this calculation as follows:

Calculate the price difference: $3.29 - $2.89 = $0.40
Convert the price difference into a percentage of the cheaper price: ($0.40 / $2.89) x 100 = 13.8%

The tile store's quote is 13.8% more expensive than the online outlet price.

Answered by AliciaAugello | 2024-07-02

The tile store's quote is approximately 13.84% more expensive than the same tile sold at the online outlet. This is calculated by finding the price difference and then determining what percentage that difference is of the online price. The formula used is ( Online Price Difference ​ ) × 100 .
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Answered by brodystout | 2024-10-11