Question

Brian pays £466.98 a year on his car insurance.

The insurance company increases the price by 3.2%.
How much does the insurance cost now?
Give your answer rounded to 2 DP.

Please help!!

Answer 1

£481.92

Explanation:

Brian pays £466.98 a year on his car insurance.

The insurance company increases the price by 3.2%.

Thus,

£466.98 - 100%

£x - 3.2%

Write a proportion:

`(466.98)/(x)=(100)/(3.2)`

Cross multiply:

`100x=466.98\cdot 3.2\\ \\100x=1,494.336\\ \\x=14.94336\approx 14.94`

So, Brian has to pay £466.98 + £14.94 = £481.92 now