asked 14.5k views
2 votes
Last year is a winter coat cost $175 this year the price increase 15% what is the new price

1 Answer

3 votes

Answer:

The new price of the coat is $201.25

Explanation:

The price will be higher since this is an increase.

Percent increase = (new price - old price) / old price

Substituting what we know

.15 = (new price -175)/175

Multiplying each side by 175

.15*175 = new price by 175

26.25 = New price-175

Add 175 to each side

26.25+175 = new price-175+175

201.25 = new price

The new price of the coat is 201.25

answered
User Richard Friedman
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.