Astore pays $927.40 for a water heater and marks the price up by 5%. What is the new price?

Ken Chan asked Jun 8, 2022

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Ken Chan asked Jun 8, 2022

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28 votes

Answer:

$973.77

Explanation:

$927.40 = 100%

New price = 100% + 5%

New price = 105% of 927.40

105% of 927.40 = 1.05(927.40)

1.05(927.40) = 973.77

-Chetan K

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