Apair of designer sneakers was purchased for $120. since they were purchased, their price has increased by 15%. what is the new price?

The correct answer is $138.

Step-by-step explanation:

We must start by analyzing the information they have given us.

We know there is a pair of sneakers that costs $ 120.

But at the time of paying, they add an increase to that price of 15%.

To know the final price of sneakers we must know what is the value of that 15% applied.

And one of the ways to do that calculation is to multiply the value of sneakers by 0.15:

120.0,15 = 18

Now we know that the sneakers have increased $ 18, which we will add to the original price to get the total value of the sneakers:

18 + 120 = 138.

Therefore the correct answer is $ 138.

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step-by-step explanation:

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