Question

The next model of a sports car will cost 14.7% more than the current model. The current model costs 37,000.How much will the price increase in dollars? What will be the price of the next model?

Answer 1

The price increases by 5439 dollars.

The price of the next model is 42439 dollars.

Explanation:

The next model of sports car will cost 14.7% more so it will be 114.7% of the current model. Therefore you multiply

37000 * 1.147 = 42439

To find out how much it increases by, you find the difference between the two prices which is 5439 dollars.

Hope this helped!!