9
Answer: CSet 3: Percentages (Intermediate)
Explanation
PROBLEM
A price of $120 increases by 50%. What is the new price?
A price of $120 increases by 50%. What is the new price?
A.
360
B.
170
C.✓ Correct
180
D.
190
Detailed Explanation
Choice C is the best answer. Increase = 50% of 120 = 60. New price = 120 + 60 = $180
Why others are wrong:
A: 360 is incorrect because it does not satisfy the equation.
B: 170 is incorrect because it does not satisfy the equation.
D: 190 is incorrect because it does not satisfy the equation.