A gallary owner purchased a very old painting for $3,000. The painting sells at a 325% increase in price. What is the retail pri

Question

SpyIntel [72]

3 years ago

5

A gallary owner purchased a very old painting for $3,000. The painting sells at a 325% increase in price. What is the retail pri

ce of the painting?

Mathematics

1 answer:

Dmitry_Shevchenko [17] · Answer 1 · 2022-03-04T11:33:12+03:00

Hello! A painting is being sold for 325% of the original cost, 100% of the price is double, 200% of the price is triple, and 300% of the price is 4 times the original price. In this case, we multiply 3,000 by 4.25, because it is a 325% increase. 3,000 * 4.25 is 12,750. There. The retail price of the painting is $12,750.