Question

A pair of designer sneakers was purchased for $150. Since they were purchased, their price has increased by 15%. What is the new price?

Answer 1

$172.50

Explanation:

You have to multiply 150 by 1.15 because that is 150 plus 15% of itself.

Answer 2

$172.50

Explanation:

150 increase 15% =

150 × (1 + 15%) = 150 × (1 + 0.15) = 172.5