A restaurant is going to raise all their prices by 5%. If the current price of an item is p dollars,

Discussion in 'Calculator Requests' started by math_celebrity, Mar 16, 2021.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    A restaurant is going to raise all their prices by 5%. If the current price of an item is p dollars, write an expression for the price after the increase.

    5% = 0.05 as a decimal.
    New price = Old Price * (1 + decimal increase)
    New price = p * (1 + 0.05)
    New price = 1.05p
     

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