A 1 -liter bottle of orange juice used to cost 2 point 8 5 dollars 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
A
2 point 9 9 dollars
B
3 point 1 4 dollars
C
2 point 9 5 dollars
D
3 point 0 9 dollars
Explanation
The new price is 110% of the original, so multiply $2.85 by 1.10: $2.85 × 1.10 = $3.135. Rounded to the nearest cent, the new price is $3.14, which is choice B.
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