Question

a price rise of 13.7% resulted in a 38.45 increase in the price of an itme calculate both the original price and new prices for the item

Answer 1

Answer:

Original price = $ 280.66

New price = $319.11

Step-by-step explanation:

Let the original price be = x

Given 13.7% of original price resulted in  38.45 increase

That is,

           13.7% of x = 38.45

          $x \times 13.7\% = 38.45\\\\x \times 0.137 = 38.45\\\\x = \frac{38.45}{0.137}\\\\x = \ 280.66$

New price is 38.45 more than original price.

That is ,

          New price = 280.66 + 38.45 = $ 319.11