8
Answer: DSet 4: Percentages (Intermediate)
Explanation
PROBLEM
A price of $60 increases by 20%. What is the new price?
A price of $60 increases by 20%. What is the new price?
A.
82
B.
144
C.
77
D.✓ Correct
72
Detailed Explanation
Choice D is the best answer. Increase = 20% of 60 = 12. New price = 60 + 12 = $72
Why others are wrong:
A: 82 is incorrect because it does not satisfy the equation.
B: 144 is incorrect because it does not satisfy the equation.
C: 77 is incorrect because it does not satisfy the equation.