Price of a book increases 15% successively (2times) what is the new price of the book more compared ...

Price of a book increases 15% successively (2times) what is the new price of the book more compared to that of the old price:

Quiz

Answer/Solution

32.25%

Steps/Work

New price is 1.15*1.15*old price = 1.3225 *old price
Increase in price = 0.3225 * old price
% increase = 100* 0.3225 * old price /old price = 32.25 %
ANSWER:A