10
Answer: DSet 5: Percentages (Intermediate)
Explanation
PROBLEM
A price of $50 increases by 25%. What is the new price?
A price of $50 increases by 25%. What is the new price?
A.
67.5
B.
52.5
C.
57.5
D.✓ Correct
62.5
Detailed Explanation
Choice D is the best answer. Increase = 25% of 50 = 12.5. New price = 50 + 12.5 = $62.5
Why others are wrong:
A: 67.5 is incorrect because it does not satisfy the equation.
B: 52.5 is incorrect because it does not satisfy the equation.
C: 57.5 is incorrect because it does not satisfy the equation.
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