Question

Last week a pound of strawberries cost $4. This week they are 24% more expensive.

What is the current price of a pound of strawberries?

Enter your answer in the box.

Answer 1

The current price of a pound of strawberries is $4.96.

Explanation:

Last week, they cost $4.

This week, they cost ($4) plus (24% of $4).

We know that 24% can also be written as 0.24

So 24% of $4 is

0.24 x $4 = $0.96

Since we want to find ($4) plus (24% of $4)

$4 + $0.96 = $4.96

So $4.96 is the final answer.

Answer 2

increased price = original price x (2 + increase percentage)

Increased price = 4 x 1.24

Increased price = $4.96