In a city, the water company increased the monthly water bill by 8 % 8\% . The initial monthly cost is $ 54 \$54 . What is the cost after the increase?

In a city, the water company increased the monthly water bill by 8%. The initial monthly cost was $54 So what is the cost after this increase? In order to solve this problem, we need to find the amount by which the cost increased in dollars. We know that the percent was 8%. We also know that to find that amount, we can take our percent written as a decimal, 0.08, and multiply it by our original amount of $54. Doing that, we find that this increased amount is $4.32. So now to find the new price after the increase, our new price will be our original price plus this increased amount of $4.32. So our new price is $58.32.

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Evaluating Exponents
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Multiple Choice

In a city, the water company increased the monthly water bill by $8 percent sign$ . The initial monthly cost is $dollar sign 54$ . What is the cost after the increase?

\$58.32

\$4.32

\$59.52

\$62.00

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Verified step by step guidance

Identify the original monthly water bill amount, which is \$54.

Recognize that the water bill is increased by 8%, which means the increase is 8% of the original amount.

Convert the percentage increase to a decimal by dividing 8 by 100, giving 0.08.

Calculate the amount of the increase by multiplying the original bill by the decimal increase: \$54 \times 0.08$.

Add the increase to the original bill to find the new total cost: \$54 + (54 \times 0.08)$.

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Struggling with Intermediate Algebra?

In a city, the water company increased the monthly water bill by 8%8\%. The initial monthly cost is $54\$54. What is the cost after the increase?

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In a city, the water company increased the monthly water bill by $8 percent sign$ . The initial monthly cost is $dollar sign 54$ . What is the cost after the increase?