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Price of a book increases 15% successively (2times) what is the new price of the book more compared to that of the old price

Price of a book increases 15% successively (2times) what is the new price of the book more compared to that of the old price

Grade:11

1 Answers

AKASH GOYAL AskiitiansExpert-IITD
419 Points
11 years ago

Dear Student

Suppose the initial price is 100

after first increment price will be 100+15=115

2nd increment will be calculated on 115

15% of 115 will be=.15x115=17.25

new price=115+17.25=132.25

total increment=32.35

Increment %=32.25/100 = 32.25%

 

All the best.                                                           

AKASH GOYAL

AskiitiansExpert-IITD

 

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