SOLUTION: A sporting goods dealer estimates that an $85 tennis racket will cost 6% more next year. what will be the new price? would you multiply 85/1 by .06/1? how would you solve this?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A sporting goods dealer estimates that an $85 tennis racket will cost 6% more next year. what will be the new price? would you multiply 85/1 by .06/1? how would you solve this?      Log On


   



Question 416103: A sporting goods dealer estimates that an $85 tennis racket will cost 6% more next year. what will be the new price?
would you multiply 85/1 by .06/1? how would you solve this?

Answer by scott8148(6628) About Me  (Show Source):
You can put this solution on YOUR website!
multiplying by .06 will give you the amount of the increase , which you can add to the original price

to do it in one step , factor in 100% of the original price
the new price is 106% of the original

$85 * 1.06