Question

the price of the cell phone is expected to increase by 165% in September 2015. The current price of a cell phone is $62.80. What is the predicted cost of a cell phone in September 2015? Please explain it!

Answer 1

$166.42.

Explanation:

We have been given that the price of the cell phone is expected to increase by 165% in September 2015. The current price of a cell phone is $62.80.

The price of cell phone in September 2015 will be $62.80 plus 165% of $62.80.

`\text{The predicted cost of a cell phone in September 2015}=\$62.80+((165)/(100)*\$62.80)`

`\text{The predicted cost of a cell phone in September 2015}=\$62.80+(1.65*\$62.80)`

`\text{The predicted cost of a cell phone in September 2015}=\$62.80+\$103.62`

`\text{The predicted cost of a cell phone in September 2015}=\$166.42`

Therefore, the predicted cost of a cell phone in September 2015 will be $166.42.