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After spending $2950 for tables and $3850 for chairs a convention center manager finds that the furniture cost 3% more than last year. Find the amount that he spent last year on tables and chairs. Round your answer to the nearest dollar.

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  1. 4 July, 19:50
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    Furniture costs 3% more than last year.

    So last year furniture cost 97% of the current price.

    Price for tables last years was = 97/100 * $2950 = $2861.5

    Which is $2862 to nearest dollar.

    Price for chairs last year = 97/100 * $3850 = $3734.5

    Which is $3735 to nearest dollar.
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