The price for a leather bag went up by 10%. If the old price used to be 150 pesos, what is its current price?

2
by Allani

2015-03-31T15:59:59+08:00

Certified answers contain reliable, trustworthy information vouched for by a hand-picked team of experts. Brainly has millions of high quality answers, all of them carefully moderated by our most trusted community members, but certified answers are the finest of the finest.
Given: Php 150 = old price
10% up = current price

Asked: If the old price used to be 150 pesos, what is its current price?

Find: Current price

Solution: 150 + its 10%
150 + 10% of 150
150 + (0.10 x 150)
150 + 15
165

Answer: The current price of the leather bag is Php 165.

2015-03-31T21:56:17+08:00

Certified answers contain reliable, trustworthy information vouched for by a hand-picked team of experts. Brainly has millions of high quality answers, all of them carefully moderated by our most trusted community members, but certified answers are the finest of the finest.
Given:
Old price of the leather bag = P 150
Increase of the price in percentage = 10%

Find:   Current Price or the Final Price of the leather bag

Solution:

Since it says, "went up" so we add the percentage.
To solve this:

Step 1:  We add 10% to 100%.

Step 2: Change the sum of Step 1 in decimal form.
(To change to decimal form, divide by 100, then change the percent symbol to decimal point.)

Step 3: Multiply the value obtained in Step 2 by the old price.

Step 1:  100% + 10%  = 110%

Step 2:  110% ÷ 100 =  1.1

Step 3:  1.1     x    P 150
P 165