Question

The next model of a sports car will cost 13.8% more than the current model. The current model costs $56,000. How much will the price increase in dollars? What will be the price of the next model?

Answer 1

Current model is $56,000

New model is 13.8% more expensive

13.8% of 56,000 = 56000*13.8/100 = 772800/100 = 7728

Nex model price = 56000+7728 = 63728

Answers:

The price increase in dollars is $7,728

The price of the next model is $63,728