SOLUTION: Increasing the original price of a ticket by 12% and then increasing the new price by 13% is equivalent to increasing the original price by? A)25% B)26% C)26.56% D)28%

SOLUTION: Increasing the original price of a ticket by 12% and then increasing the new price by 13% is equivalent to increasing the original price by? A)25% B)26% C)26.56% D)28%

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Question 1143894: Increasing the original price of a ticket by 12% and then increasing the new price by 13% is equivalent to increasing the original price by?
A)25%
B)26%
C)26.56%
D)28%
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
this is 1.12 initially and that is raised by 13%, so the raise of the second part is 1.12*0.13=0.1456
The sum of the two is 0.12+0.1456 or 0.2656
C
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