The 3 C's model for setting pricestakes into account the customer, our costs, and the competition. Customer's perception about the various attributes of the products, competitor's pricing and our own total costs.
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The reduction is 31c to 28c, so the decrease is 3c. Then divide 3c by 31c and multiply by 100 to get the decrease percentage. 3/31 * 100 = 9.7% to 1 decimal place
6
4 + 3c = 2c + 2Subtract 4 from each side:3c = 2c - 2Subtract 2c from each side:c = -2
1
3c - 12 = 14 + 5cSubtract 3c from each side:-12 = 14 + 2cSubtract 14 from each side:-26 = 2cDivide each side by 2:-13 = c