2. Last year Kellog decided to reduce the size of packaging in order to raise 1 p the price per ounce. If the original size of the box was 18 oz and Kellog reduced the size of the packaging by 15%. How many oz can the new box hold?

15.3 oz

Step-by-step explanation:

Here, we want to get the value of the new size after reduction

We start with reduction amount

That will be;

15/100 * 18 = 2.7 oz

So we now get what it can hold

That’s;

18-2.7 = 15.3 oz

wholesale price is the initial price before markup. retail price comes after the markup.

a price of 8 bucks that's marked up by 100%   is

formula: initial price + (percent markup in fraction/decimal)(initial price)

8+(1)(8)

8+8

16

retail price is $16.