Question

Astore pays $927.40 for a water heater and marks the price up by 5%. What is the new price?

Answer 1

Answer:

$973.77

Step-by-step explanation:

$927.40 = 100%

New price = 100% + 5%

New price = 105% of 927.40

105% of 927.40 = 1.05(927.40)

1.05(927.40) = 973.77

-Chetan K