a pair of designer sneakers was purchased for $120. since they were purchased, their price has increased by…

a pair of designer sneakers was purchased for $120. since they were purchased, their price has increased by 15%. what is the new price?

a pair of designer sneakers was purchased for $120. since they were purchased, their price has increased by 15%. what is the new price?

Answer

Explanation:

Step1: Calculate the increase amount

$120\times 15%=120\times0.15 = 18$

Step2: Calculate the new price

$120 + 18=138$

Answer:

$138$