Question

A car dealership increased the price of a certain car by 4%. The original price was $48,400.

write the new price in terms of the original price.
Write your answer as a decimal.
Use your answer in part (a) to determine the new price.

Answer 1

48,400 + (48,400 x 4%)
48,400 + 1,936
= 50,336 (New Price)