A painting is 3,000 it is sold for 325 increase price

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11-05-2016
Mathematics

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A painting is 3,000 it is sold for 325 increase price

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zaniyah1 zaniyah1 · Answer 1 · 2016-05-11T21:32:08+02:00

zaniyah1 zaniyah1

11-05-2016

If the owner sold the painting for a 10% increase in price, its retail price would be (1 + 0.1)*($3000) = 1.1*($3000) = $3300. By the same logic, a 325% increase in price would be (1 + 3.25)*($3000) = 4.25*($3000) = $12,750 retail price.

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