A car costing £15,000 has its price increased by 5%. What is its new price?
![\ 100 + 5 = 105\](http://s0.wp.com/latex.php?latex=%5C+100+%2B+5+%3D+105%5C+&bg=ffffff&fg=333333&s=0 "\ 100 + 5 = 105\")
![\frac{{105}}{{100}}\times \ 15000= 105 \times 150\](http://s0.wp.com/latex.php?latex=%5Cfrac%7B%7B105%7D%7D%7B%7B100%7D%7D%5Ctimes+%5C+15000%3D+105+%5Ctimes+150%5C+&bg=ffffff&fg=333333&s=0 "\frac{{105}}{{100}}\times \ 15000= 105 \times 150\")
answer: new price of car is £15,750
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A car costing £15,000 has its price increased by 5%. What is its new price?
answer: new price of car is £15,750
