SOLUTION: Lowe's food market increased the price of a $.95 cola by 15%. what is the increased price? please show work

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Question 80805: Lowe's food market increased the price of a $.95 cola by 15%. what is the increased price? please show work
Answer by stanbon(48535) About Me  (Show Source):
You can put this solution on YOUR website!
New Price = old price + 15%*old price
New Price = 0.95 + 0.15*0.95
New Price = 1.15*0.95
New Price = $`1.0925
Rounding Down: New Price = $1.09
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Cheers,
Stan H.