Answer:
Original price = $ 280.66
New price = $319.11
Step-by-step explanation:
Let the original price be = x
Given 13.7% of original price resulted in 38.45 increase
That is,
13.7% of x = 38.45
[tex]x \times 13.7\% = 38.45\\\\x \times 0.137 = 38.45\\\\x = \frac{38.45}{0.137}\\\\x = \$ 280.66[/tex]
New price is 38.45 more than original price.
That is ,
New price = 280.66 + 38.45 = $ 319.11
