Question

Horse Of Course sells "Juan the horse" t-shirts for $23. Due to increased popularity, the store will raise the price by 8%. What will be the new price of the t-shirt?

Answer 1

the new price of the t-shirt is $24.84

Explanation:

The computation of the new price of the t-shirt is shown below

= Price of the t-shirt × (1 + increased percentage)

= $23 × (1 + 0.08)

= $23 × 1.08

= $24.84

Hence, the new price of the t-shirt is $24.84

We simply applied the above formula so that the correct value could come

And, the same is to be considered