Apair of designer sneakers was purchased for $120 since they were purchased their price has increased by 15% what is the new price

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 = $120Percentage 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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$138.

Step-by-step explanation:  

We have been given that a pair of designer sneakers was purchased for $120 since they were purchased their price has increased by 15%.

The new price of sneakers will be 120 plus 15% of 120.  

Therefore, the new price of sneakers will be $138.

The easiest way would be to use base 10 (a number over 10) so you would want to put it one of 2 ways as shown here both of these ways would mostlikly be accepted but as you move up you will want to stick to the second one because it makes it faster to do calulations. i got the second by multipying by 10 and putting it over 10 (as to not change the number) and for the first i took everything that was right of the decimal "." and put that over 10