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A store pays 5 for a bottle of shampoo.The store marks up the price by 5%.What is the new price?

Solution

A store pays 5 for a bottle of shampoo.The store marks up the price by 5%.What is the new price?

Solution

Amount after addition : 5.25

Solution steps

Translate the problem into an equation:

x = 5 + 0.05 \cdot 5

x = 5 + 0.05 \cdot 5 : x = 5.25

Amount after addition : 5.25

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