Question

The manager of a store increases the price of a popular product by 5%. Let t be the original price of the product. The new price is t + 0.05t. Find an expression equivalent to t + 0.05t. If the original price was $24, what is the new price?

Answer 1

The new price would be $25.2 so $25 and 20 cents!!

Answer 2

The equivalent expression is 1.05t and then 24 x 0.05 equals 1.2 so 25.2