8
Answer: CSet 5: Percentages (Intermediate)
Explanation
PROBLEM
A price of $70 increases by 10%. What is the new price?
A price of $70 increases by 10%. What is the new price?
A.
67
B.
82
C.✓ Correct
77
D.
154
Detailed Explanation
Choice C is the best answer. Increase = 10% of 70 = 7. New price = 70 + 7 = $77
Why others are wrong:
A: 67 is incorrect because it does not satisfy the equation.
B: 82 is incorrect because it does not satisfy the equation.
D: 154 is incorrect because it does not satisfy the equation.