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15 August, 16:13

An article was sold for? $7575 but now it's increased by 10%

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  1. 15 August, 16:16
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    The value of the article will now increase to $8,332.50.

    Explanation:

    The article was originally sold for $7575 and is now its value has increased by 10%.

    10% of $7575 = $7575 * 10/100 = $757.50.

    If we add the above 10% to the value of the article, we will arrive at the current value of the article.

    Hence, current value of the article = $7575 + $757.50 = $8332.50

    This can also be arrived at by multiplying $7575 by 110%, i. e. $7575 * 110/100 = $8332.50, hence arriving at the same answer.
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