Question

A sheet of plywood costs $10. 75. Production is down which causes the price to rise 25%. What is the new price?

Answer 1

The answer should be somewhere around 13.4375

Explanation:

Since the price is 10.75 and it wants you to add 25% or a quarter to it. You can divide 10.75 by 4, which is 2.6875 and add it. You will get 13.4375.