document.write( "Question 253020: The price of a computer system is $1,000. Next week the price will increase by 15%.\r
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document.write( "How much money will you save by purchasing the computer system before the price increase?
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document.write( " 1. $15
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document.write( " 2. $150
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document.write( " 3. $500
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document.write( " 4. $850
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document.write( " 5. $1150 \n" );
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Algebra.Com's Answer #185207 by JimboP1977(311) You can put this solution on YOUR website! When dealing with percentage INCREASES always remember that the price is increased by itself plus the percentage increase.\r \n" ); document.write( "\n" ); document.write( "So in this example the original price is $1000. It is increased (multiplied) by itself (so 1) plus the percentage (0.15). So prices is increased to $1150.\r \n" ); document.write( "\n" ); document.write( "Another way of looking at is to find 15% of the original price and then add this to the original price. So 1 percent of $1000 is $10, so 15 percent must be 15 times $10 which is $150.\r \n" ); document.write( "\n" ); document.write( "Does that make sense? \n" ); document.write( " |