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A student won a medal worth $300. If the medal's value increases by 25%, what wi
Practice Questions
Q1
A student won a medal worth $300. If the medal's value increases by 25%, what will be its new value?
$350
$375
$400
$450
Questions & Step-by-Step Solutions
A student won a medal worth $300. If the medal's value increases by 25%, what will be its new value?
Steps
Concepts
Step 1: Start with the original value of the medal, which is $300.
Step 2: Calculate 25% of the original value. To do this, multiply $300 by 25/100.
Step 3: Perform the multiplication: 25/100 * 300 = $75.
Step 4: Add the increase ($75) to the original value ($300).
Step 5: Calculate $300 + $75 = $375.
Step 6: The new value of the medal is $375.
Percentage Increase
– Understanding how to calculate a percentage increase on a given value.
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