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13 September, 08:17

The cost of a jacket increased from $95.00 to $107.35. What is the percentage increase of the cost of the jacket?

A.

12.35%

B.

87%

C.

1.3%

D.

13%

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Answers (1)
  1. 13 September, 11:48
    0
    D. 13%

    Step-by-step explanation:

    Percentage Increase=[ (New cost - Original cost) : Original cost) ]*100

    where;

    New cost=107.35, Original cost=95

    Substituting we have,

    Percentage Increase = [ (107.35 - 95) : 95) ]*100

    Percentage Increase = (12.35:95) * 100

    Percentage Increase=0.13*100

    Percentage Increase=13%

    Therefore the, Percentage Increase of the cost of the jacket is 13%
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