Question

In a department store the owner paid $15 for 1 kg of sugar. The owner marked the price up by 10% for the customers. How much does he charge for 1kg of sugar?

Answer 1

First you need to work out what 10% of $15 is. You can do this on a calculator by converting the fraction into decimal which is 0.10 and then multiplying 15 by 0.10:

15 x 0.10 = 1.50

Then since the owner increased the price by 10%, we simply do 15 + 1.50 which gives us 16.50

Therefore the owner charges $16.50 for 1kg of sugar