Question

What is £40 increased by 5%?

Answer 1

First, let's figure out what 5%(0.05) of £40 is, then we will figure out the answer:

`0.05(40)=x`

`x = 2`

So, then to figure out how much the price increased, you can add £2 to £40 to get £42.

Make any sense? If not tell me where it doesn't - I'll be happy to help!