Question

A pair of designer sneakers were purchased for $120. Since they were purchased, their price has increased by 15%. What is the new price?

Answer 1

$138

Explanation:

You have to multiply the original price of $120 by 115% because you need 100% of the original price plus the 15% increase.

So...

120 · 1.15 = 138

So the new price is $138.

Answer 2

120 times 0.15 = = 18
120+ 18 = $138