21
QuizMultiple Choice

Growth and Decay Factors

Question 21 • 2025-2026 GSP Mathematical Reasoning for Decision Making

The sales tax in the city of Strawberry is 10.5%. What is the growth factor for any item purchased at your local Circle mart?

Answer
A
10.5
B
1.105
C
105
D
1.05

Explanation

A growth factor with an increase is 1 plus the rate written as a decimal. Since 10.5% = 0.105, the factor is 1 + 0.105 = 1.105, so the correct choice is 1.105.

AI-written and checked against the verified answer.

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