Question

Question #5c91e

Answer 1

$`12,750`

Explanation:

Old purchase price: $`3,000`

Find percentage increase: $`3,000xx325/100=`$`9,750`

Add the percent increase to the purchase price:
$`3,000+`$`9,750=`$`12,750`

Answer 2

An increase of 325% means 425% total ($12750)

Explanation:

As it's stated an increase is the plus to the original condition. Therefore in this case is 100% (original price) + 325% (the increase).

You can see it form the following formula

`% = ((X_1 - X_0) / X_0)100`

Where `X_1` is the actual value and `X_0` is the original value

Then if we solve for `X_1` we could have

`X_1 = (X_0 xx %)/100 + X_0`

Replacing values:

`X_1 = (3000 xx 325)/100 + 3000`

`X_1 = 12750`

Or as I say in the answer

`X_1 = 3000xx425/100 = 12750`

Now you just need to add the tax, just joking...

Hope this helps