Question

41. A price rose by 32% first year and by 15% next year What is the combined percent
increase ?
1) 51.8
2) 54.6
3) 50.8
4) 46.4
5) 53.2
​

Answer 1

Let the price of rose be 100

So in the first year as the price increased by 32%, the new price on first year would have been 132

And when 15% again increased in second year, that was increase on 132, so the new price in second year for the rose is 151.8

Hence, we can calculate that the combined percent increase is 51.8%

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