Answer:
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
