Question

The next model of a sports car will cost 12.8% more than the current model. The current model costs $42,000. How much will the price increase

in dollars? What will be the price of the next model?

Answer 1

$5,376

$47,376

Explanation:

Given :

Price of current model = $42,000

Percentage increase in price = 12.8%

Price increase in dollars :

12.8% of $42000

0.128 * $42000

= $5,376

Price of the next model :

Price of current model + increase in price

$42000 + $5376

= $47,376