Question

et model of a sports car will cost 12.7% more than the current model. The current model costs $49,000. How much will the pri ill be the price of the next model? crease in price: $ of next model: $

Answer 1

Answer

The price of the new model will be $55,223.

Explanation

The new model of the car is to cost 12.7% more than the current model.

The current model costs $49,000.

The cost of the new model = $49,000 + (12.7% × 49,000)

= $49,000 + (0.127 × 49,000)

= $49,000 + ($6,223)

= $55,223

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