Answer:
$467.8125
Step-by-step explanation:
Percentage increase = 25% × 374.25
New value = 374.25 + Percentage increase
New value =
374.25 + Percentage increase =
374.25 + (25% × 374.25) =
374.25 + 25% × 374.25 =
(1 + 25%) × 374.25 =
(100% + 25%) × 374.25 =
125% × 374.25 =
125 ÷ 100 × 374.25 =
125 × 374.25 ÷ 100 =
46,781.25 ÷ 100 =
467.8125 ≈
467.81
