Question

The next model of a sports car will cost 12.9% more than the current model. The current model costs $35,000. How much will the price increase in dollars

Answer 1

The price increase in dollars= $4,515

Explanation:

Cost of the next model = cost of the current model + 12.9% cost of the current model

Cost of the current model = $35,000

12.9% cost of the current model

= 12.9/100 × $35,000

= 0.129 × $35,000

= $4,515

Cost of the next model = cost of the current model + 12.9% cost of the current model

= $35,000 + $4,515

= $39,515

Cost of the next model = $39,515

The price increase in dollars= next model price - current model price

=$39,515 - $35,000

= $4,515

The price increase in dollars = $4,515