Last year a dress cost $175. This year the price increased 15%. Now it is 20% off. What is the new price?

Start with $175. Find 15% of $175 by multiplying $175 by. 15, this gives you $26.25. Add $26.25 to $175, you get $201.25. Now, find 20% of $201.25 by multiplying $201.25 by. 2, this gives you $40.25. Subtract $40.25 from $201.25, you get $161!