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Rainbow [258]
3 years ago
13

An article was sold for? $7575 but now it's increased by 10%​

Geography
1 answer:
Lady_Fox [76]3 years ago
5 0

The value of the article will now increase to $8,332.50.

Explanation:

The article was originally sold for $7575 and is now its value has increased by 10%.

10% of $7575 = $7575 * 10/100 = $757.50.

If we add the above 10% to the value of the article, we will arrive at the current value of the article.

Hence, current value of the article = $7575 + $757.50 = $8332.50

This can also be arrived at by multiplying $7575 by 110%, i.e. $7575 * 110/100 = $8332.50, hence arriving at the same answer.

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Oligarchy is a type of government, in which a small group of powerful people (powerful due to wealth, education, religion, military link etc)  - are in power & the power tends to stay with them.

Oligarchy is run by a small group of powerful people, <u>not elected</u> by general public. Only those few powerful people exercise direct or indirect power - as they are not public representatives. Government positions are not open to many people, anyone cant run office, as the power tends to stay accumulated in that powerful group's hands.

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