Answer:
Increased amount is $0.115 and new price is $1.265.
Explanation:
It is given that Sparkle King increased the price of a $1.15 cola by 10%.
Increased amount is 10% of $1.15.
Increased amount
So, increased amount is $0.115.
Now, new price is the sum of original price and increased amount.
New price
Therefore, the new price is $1.265.