Please select the best answer from the choices provided.
A
B
D
Answer (2)
Calculate 18% of $900.00 for item B: 0.18 × 900.00 = 162.00 . - Calculate 16% of $1200.00 for item D: 0.16 × 1200.00 = 192.00 .
Compare the calculated values to the choices. Choice b. $162.62 is closest to the calculated value for item B ($162.00).
Select B as the best answer since it corresponds to the closest match for item B. B
Explanation
Understanding the Problem We are given a table with items B, C, and D, their corresponding dollar amounts, and percentage values. We need to calculate the percentage value for each item and compare it with the given choices to select the best answer.
Calculating Percentage Value for Item B For item B, we need to calculate 18% of $900.00. This is calculated as 0.18 × 900.00 = 162.00 .
Calculating Percentage Value for Item C For item C, we need to calculate 9% of $1,290.00. This is calculated as 0.09 × 1290.00 = 116.10 .
Calculating Percentage Value for Item D For item D, we need to calculate 16% of $1,200.00. This is calculated as 0.16 × 1200.00 = 192.00 .
Comparing Calculated Values with Choices Now we compare the calculated percentage values with the given dollar amounts in the choices. The choices are a. $118.24, b. $162.62, c. $163.00, d. $221.93. We need to find the closest match for items B and D since the choices are associated with A, B, and D.
Selecting the Best Answer for Item B For item B, the calculated value is $162.00. The closest choice is b. $162.62.
Selecting the Best Answer from Provided Choices For item D, the calculated value is $192.00. None of the choices A and D are close to this value. However, we were asked to select the best answer from the choices provided A, B, and D. Since choice B corresponds to item B, and the calculated value for item B is closest to choice b. $162.62, we select B as the best answer. Note that choice 'a' corresponds to item C, and choice 'd' does not correspond to any item.
Final Answer Therefore, the best answer is B, which corresponds to the value closest to the calculated percentage of item B.
Examples
Understanding percentages is crucial in everyday financial calculations. For instance, when calculating discounts on products, determining interest on loans, or figuring out tax amounts, the ability to quickly and accurately compute percentages is essential. This problem demonstrates a practical application of percentage calculations in a business context, where understanding the value of inventory items based on certain percentages can aid in financial planning and decision-making.
The best answer is B, as it corresponds to the closest calculated value of $162.00 for item B, which is matched by choice B at $162.62.
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