Question

A store kepper increased the price of hats by 5%. a hat was originally at 15.00 what is the new cost of the hat

Answer 1

$15.75

Explanation:

We know

A storekeeper increased the price of hats by 5%

100% + 5% = 105%

So, the hat cost is now 105% of its original cost.

105% = 1.05

15 times 1.05 = $15.75

The new cost of the hat is $15.75