Question

A TV has an original price of $499. What is the new price after a 15% increase?

Answer 1

Given:

Original price of a TV = $499

Price increased by 15%.

To find:

The new price of the TV.

Solution:

According to the question,

New price of the TV = Original price + 15% of its original price.

$\text{New price of the TV}=499+\dfrac{15}{100}(499)$

$\text{New price of the TV}=499+74.85$

$\text{New price of the TV}=573.85$

Therefore, the new price of the TV is $573.85.