Question

the price of the cell phone is expected to increase by 165% in September 2015. The current price of a cell phone is $62.80. What is the predicted cost of a cell phone in September 2015? Please explain it!

Answer 1

Answer:

$166.42.

Step-by-step explanation:

We have been given that the price of the cell phone is expected to increase by 165% in September 2015. The current price of a cell phone is $62.80.

The price of cell phone in September 2015 will be $62.80 plus 165% of $62.80.

$\text{The predicted cost of a cell phone in September 2015}=\ 62.80+(\frac{165}{100}*\ 62.80)$

$\text{The predicted cost of a cell phone in September 2015}=\ 62.80+(1.65*\ 62.80)$

$\text{The predicted cost of a cell phone in September 2015}=\ 62.80+\ 103.62$

$\text{The predicted cost of a cell phone in September 2015}=\ 166.42$

Therefore, the predicted cost of a cell phone in September 2015 will be $166.42.