The price of a TV was increased by 30 percent. The new price was then increased by 40 percent. A single increase of what percent is equivalent to these two successive increases? Answers.
A) 82%
B) 75%
C) 65%
D) 50%
E) 45%
consider base price - $100   30% increase = 1.30*100= 
<gadget id="calculator">1.30*100</gadget>
<output>130</output>
$130   another 40% increase on new price= 1.4* 130= 
<gadget id="calculator">1.4* 130</gadget>
<output>182</output>
$182   so final price of radio - $182   therefore a 82% increase   correct option - 82%
<result>A</result>
The price of a TV was increased by 30 percent. The new price was then increased by 40 percent. A single increase of what percent is equivalent to these two successive increases?