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Answer:
$68.75 cents
Step-by-step explanation:
Given the following question:
25% of 55
In order to find the answer, we must first use the formula to calculate percentages to calculate 25% of 55, then we use that answer to add on the initial amount.
[tex]\frac{p\times n}{100}[/tex]
[tex]\frac{25\times 55}{100} =25\times55=1375\div100=13.75[/tex]
[tex]=13.75[/tex]
Now add:
[tex]55+13.75=68.75[/tex]
[tex]=68.75[/tex]
After a 25% increase on an item that costs 55 dollars, the new sale price will cost "$68.75 cents."
Hope this helps.