Question

A shop increased all its prices by 1o%. Calculate the new price for an article which was previosly sold for $7,575

Answer 1

Answer:

8332.5

Step-by-step explanation:

10% of 7575 = 757.5

New price = price increase + previous price

= 7575 + 757.5

= 8332.5 $

Answer 2

The answer is $ 8332.5.

Given: Percentage of increase in price = 10%

           The old price of an article is $ 7,575

To Find: The new price of the article

Solution:

Amount of increase in price = 10% of $ 7,575

                                                = $ ($\frac{10}{100} \times 7575$)

                                                = $ $\frac{7575}{10}$

                                                = $ 757.5

∴ New price = Old price + Increase in price

                 = $ (7575 + 757.5)

                 = $ 8,332.5

Answer) The new price is $ 8332.5

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