SOLUTION: The next model of a sports car will cost 14.3% more than the current model. The current model costs $32,000 . How much will the price increase in dollars? What will be the price of

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Question 1204631: The next model of a sports car will cost 14.3% more than the current model. The current model costs $32,000 . How much will the price increase in dollars? What will be the price of the next model?
Answer by mananth(16946) About Me  (Show Source):
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The next model of a sports car will cost 14.3% more than the current model. The current model costs $32,000 . How much will the price increase in dollars? What will be the price of the next model?
Present model price $32000
The next model is 14.3% more
= 1.143 times
1.143* 32000 =36576
Price of Next Model=$36,576
Find the difference to get the iuncrease in price $36,576-$32000= $4576