First, we need to know how much profit in dollar value by this method
profit = percentage × whole price
Plug in the numbers to the formula above
profit = percentage × whole price
profit = 40% × 25
profit = 0.40 × 25
profit = 10
The profit Daniel gets is $10
Second, add the original price and the profit together and you'll find the new price.
new price = original price + profit
new price = $25 + $10
new price = $35
Daniel sold the computer game for $35
See picture for solution to your problem.
Answer:
$43,500
Step-by-step explanation:
10 percent increase of $29,000
10% = 0.10
29,000*0.10 = 2,900
So 2,900 a year
so 2,900*5 = 14,500
Then add
29,000+14,500 = 43,500