Question

the next model of a sports car will cost 14.4% more than the current model the current model cost $41,000 how much would a price increase in dollars what would the price of the next model?

Answer 1

Given that the current model of the car cost;

`\text{ \$41,000}`

We are informed that the next model of a sports car will cost 14.4% more than the current model.

The price increase in dollars will then be given as;

`\begin{gathered} (14.4)/(100)*41000 \\ =\text{ \$}5904 \end{gathered}`

Answer 1: Price increase in dollars is $5904

The cost of the next model will then be the sum of the current model and the price increase in dollars.

This would give;

`\text{ \$41000+\$5904=\$46904}`

Answer 2: The cost of the next price model is $46904