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A pair of designer sneakers was purchased for $120. Since they were purchased, their price has decreased by 15%. What is the new price? Explain how you found your answer. Use the double number line, or follow the steps below to find the new cost of the sneakers. 1. Identify the original cost of the sneakers. 2. Find 15% OF the original price. 3. Add or subtract to find the new cost after the discount.​

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Jamarcus05

Answer:

The new price of sneakers is the sum of the increase in the purchase price and the initial price. Hence, the new price is $138

The initial price of sneakers = $120

Percentage increase in price of sneakers = 15%

The new price of the sneakers can be calculated thus :

Initial price + price increase

Price increase = 15% × initial price

Price increase = 0.15 × $120 = $18

The new price of sneakers = $120 + $18 = $138

Therefore, the new price of sneakers is $138.

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