Question

The cost of a jacket increased from $95.00 to $109.25. What is the percentage increase of the cost of the jacket?

15%
14.25%
1.5%
85%

Answer 1

so the equation here is
95*(1+x) = 109.25
solve for x

1+x = (109.25/95)
x = (109.25/95) -1
x = .15 or 15%