Question

The next model of a sports car will cost 5.1% more than the current model. The current model costs $38,000. How much will the price increase in dollars? What will be the price of the next model?

Answer 1

• How much will the price increase in dollars ?

$38000×5.1% = $38000×5.1/100 = $380×5.1 = $1938

• What will be the price of the next model ?

$38000 + $1938 = $39938