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A bag of sugar costs £4.70. Its price increases by 30%.
What is the new percentage?
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What is the multiplier?
What is the new price?
The price increases by 30%.
This means the new percentage is 100+30=130%.
The multiplier is just this divided by 100, ie. 130100=1.3.
So the new price is 4.70×1.3=6.11.
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