Answer:
Last year, the average cost of a traditional Thanksgiving dinner was $48.91.
Step-by-step explanation:
If this year the cost of a traditional Thanksgiving dinner was decreased by 1.76% compared to last year, then
last year cosr - 100%
this year cost - 100%-1.76%=98.24%
So,
$x - 100%
$48.05 - 98.24%
Write a proportion:
[tex]\dfrac{x}{48.05}=\dfrac{100}{98.24}[/tex]
Cross multiply:
[tex]98.24x=48.05\cdot 100\\ \\98.24x=4,805\\ \\x\approx 48.91[/tex]
Last year, the average cost of a traditional Thanksgiving dinner was $48.91.