Given the table was discounted 33 percent, Otis paid 100% – 33% = 67% of the original price. This is 0.67t
In Napa Valley, California, 1 acre of good wine land can produce some 3.5 tons of high-quality grapes. When the average price is \(\$3,414\) for premium cabernet per ton, what would be the amount of money that could be generated on 1 acre of premium cabernet farming?
John buys 100 shares of stock at \(\$100\) per share. The price goes up by 10% and he sells 50 shares. Then, prices drop by 10% and he sells his remaining 50 shares. How much did he get for the last 50?