Question

The selling price of a bicycle that had sold for $55,000 last year increased by 15%. What is the new price?

Answer 1

$63,250

Explanation:

To find the percentage of 55,000, multiply 55,000 x 0.15, giving you 8,250. Add this to 55,000 to get 63,250 dollars :)

Answer 2

$ 63,250

Explanation:

55,000 x 0.15 = 8,250

55,000 + 8,250 = 63,250