Increasing the original price of an article by 5 percent and then increasing the new price by 5 percent is equivalent to increasing the original price by
Select.
A) 10.25% B) 12.5% C) 14.75% D) 15.15% E) 16.25%
1.05*1.05*x = 1.1025*x   The answer is 10.25%.
<result>A</result>
Increasing the original price of an article by 5 percent and then increasing the new price by 5 percent is equivalent to increasing the original price by