Gnpth wrote:
The price of a radio was increased by 25 percent. The new price was then increased by 40 percent. A single increase of what percent is equivalent to these two successive increases?
A. 80%
B. 75%
C. 65%
D. 50%
E. 45%
Since the price of the radio was increased by 25% and then by 40%, it was increased by 1.25 x 1.4 = 1.75, or 75%.
Answer: B
