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19 March, 15:14

Several years ago, Hannah bought some gold at a price of $980 per ounce. When she went to sell it, the gold was 70% more than it was when she purchased it. What was the new value of the gold?

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  1. 19 March, 17:34
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    New price of gold is $1666 per ounce.

    Step-by-step explanation:

    Given that,

    Old price of gold = $980 per ounce

    Percentage increase in gold price = 70%

    New price of gold = 1.7 * 980

    New price of gold = $1666 per ounce
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