If the price of a shirt increased by 25% from $20, what is the new price of the shirt?

Given:

The original price of the shirt was $20.

The price of the shirt increased by 25%.

Find:

The new price of the shirt after the 25% increase = ?

Formula:

New Price = Original Price + (Percentage Increase x Original Price)

Solution:

New Price = Original Price + (Percentage Increase x Original Price)

New Price = 20 + 25% x 20

New Price = 20 + 25/100  x 20

New Price = 20 + 5

New Price = 25, New Price of Shirt is $25.

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