only1kariyah only1kariyah
  • 05-02-2019
  • Mathematics
contestada

The price of a coat increased from $78 to $92. What is the price increase percentage?

Respuesta :

MrsStrong
MrsStrong MrsStrong
  • 06-02-2019

Answer:

18%

Step-by-step explanation:

Since the original price is $78 then this is the original 100% of the price. The new price will be marked up x percent and be $92. To find the new price set up a proportion with these values:

[tex]\frac{92}{78}=\frac{x}{100}[/tex]

Solve for the original price by cross multiplying numerator with denominator.

x(78) = 92(100)

78x = 9200

x= 117.9 = 118%

This is 18% more or over the original price.


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