Question

If there is 54% increase on a $54 item, then how much is the new cost for next year? Round to the nearest penny.

Answer 1

Answer: $83.16

Step-by-step explanation:

     This means that next year the item will cost 154% of what it is now.

154% / 100 = 1.54

$54 * 1.54 = $83.16

                    Next year the item will cost $83.16.