SOLUTION: The new price of a car is 25% higher than the old price of $8,800. The old price is less than the new price by what percent?

Algebra ->  Algebra  -> Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: The new price of a car is 25% higher than the old price of $8,800. The old price is less than the new price by what percent?      Log On

Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!
Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!

   

Question 97539: The new price of a car is 25% higher than the old price of $8,800. The old price is less than the new price by what percent?
Answer by checkley71(8405) About Me  (Show Source):
You can put this solution on YOUR website!
NEW PRICE IS 8,800+1.25=11,000
8,000/11,000=.727272=72.72% OF THE OLD PRICE WHEN COMPARED TO THE NEW PRICE.