Question

A pair of designer sneakers was purchased for $120.
Since they were purchased, their price has increased by 15%.

Answer 1

Answer:the price now is $128

Step-by-step explanation:

you can get this by dividing the cost by the percentage it has risen by. For example: 120 / 15 = 8 and then you add 8 to the initial price

Answer 2

Answer:

$138 dollars

Step-by-step explanation:

Given the following question:

15% of 120

To find the answer we have to find 15% of 120 by using the formula to calculate percentage. Then we add that answer onto the initial cost for the shoes and we will have our answer.

$\frac{p\times c}{100}$
$\frac{15\times120}{100} =15\times120=1800\div100=18$
$=18$

Add the percent increase to the initial cost:
$120+18=138$
$=138$

Which means since they were purchased, the shoes have gained 18 dollars in value and now are worth "$138 dollars."

Hope this helps.