3. Silver’s Cleaners decided to raise the price of dry cleaning sports coat from $4 to $5. The same percentage increase was applied to dry cleaning a jacket. The old cost of dry cleaning a jacket was $10. What is the new cost of dry cleaning a jacket?
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$4 is increased to $5
$1 is increased
1/4 × 100 = 25%
Let the price increased be x
x/10 × 100 = 25%
10x = 25/100
x = 2.5
Therefore new price = 10 + 2.5 = 12.5
New price is $12.5
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