Answer: C
Step-by-step explanation:
Well because for one when the problem says increase that means you have to add which will end up being 7.5%+p ,but since as you can see that answer is not on the paper and all the answers are full decimals you have to change 7.5% into 0.075.( cause remember that percents are out of one hundred so you have to move the decimal two times) And yea thats your answer.