On the game show "The Price is Right", the highest winning amount was $262,743. The next largest winning amount was only 81.4012% of the highest. What was the second highest winning amount rounded to the nearest dollar?

Respuesta :

Answer:

[tex]Second = \$213876[/tex]

Step-by-step explanation:

Given

Highest Winning = $262,743

Second Highest Winning = 81.4012% of the first

Required

Determine the value of the second highest winning

Recall that

[tex]Second\ Highest\ Winning = 81.4012\%\ of\ the\ first[/tex]

Substitute $262,743 for the first highest winning

[tex]Second = 81.4012\%\ of\ \$262,743[/tex]

[tex]Second = 81.4012\%\ * \$262,743[/tex]

[tex]Second = \$213875.954916[/tex]

Approximate

[tex]Second = \$213876[/tex]

Hence, the second highest winning is approximately $213876