Question

I see that your price for this item was raised by 2%. I used to pay
$240.00

Answer 1

$244.80

Step By Step Explanations:

The original price of this item is $240. And there is a price increase by 0.02%

This item increase by 2% so it can be counted as 0.02

Converted to dollar:

0.02 × $240 = $4.8

add the result with $240.

$240 + $4.8 = $244.80

Therefor, the answer is, $244.80.

Answer 2

$244.80

Explanation:

A price increase means a hike in price of something.

In this case, if the original price of this item = $240

and there is a price increase by 2% or 0.02,

converted to dollars, this means that the price of the item increased by;

0.02*240 = $4.8

Next, knowing the price increase in dollars and the original price of $240, sum them up to get the new price of the item;

$240 + $4.8 = $244.8