5
Answer: DSet 5: Percentages (Intermediate)
Explanation
PROBLEM
A price of $110 increases by 20%. What is the new price?
A price of $110 increases by 20%. What is the new price?
A.
264
B.
137
C.
127
D.✓ Correct
132
Detailed Explanation
Choice D is the best answer. Increase = 20% of 110 = 22. New price = 110 + 22 = $132
Why others are wrong:
A: 264 is incorrect because it does not satisfy the equation.
B: 137 is incorrect because it does not satisfy the equation.
C: 127 is incorrect because it does not satisfy the equation.