Question

St. Mary's Private School fees of $10,000 per term have been increased by 20%. What is the new fee per term?
1) $11,000
2) $12,000
3) $13,000
4) $14,000

Answer 1

Answer:

The new fee per term is $12,000. The correct answer is 2) $12,000.

Step-by-step explanation:

To calculate this, multiply $10,000 by 20% (or 0.20):

$10,000 × 0.20 = $2,000

Then, add this increase to the original fee to find the new fee:

$10,000 + $2,000 = $12,000.

So, the new fee per term is $12,000. The correct answer is 2) $12,000.