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10 May, 15:53

Last year is a winter coat cost $175 this year the price increase 15% what is the new price

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  1. 10 May, 16:01
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    The new price of the coat is $201.25

    Step-by-step explanation:

    The price will be higher since this is an increase.

    Percent increase = (new price - old price) / old price

    Substituting what we know

    .15 = (new price - 175) / 175

    Multiplying each side by 175

    .15*175 = new price by 175

    26.25 = New price-175

    Add 175 to each side

    26.25+175 = new price-175+175

    201.25 = new price

    The new price of the coat is 201.25
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