percentages - price increase of products

Question

A merchant sells a box of goods for $100.00. If he raises all the prices of the products in the box by 20%, what happens to the total value of the box?

a) Remains the same

b) Increases 20%

c) Increases 50%

d) Increases 100%

e) To find out, you need to know how many products are in the box

Answer 1

The answer is just a change of 20%. See explanation of possible outcomes in the video.

Orignal question: A merchant sells a box of goods for $100.00. If he raises all the prices of the products in the box by 20%, what happens to the total value of the box?

a) Remains the same

b) Increases 20%

c) Increases 50%

d) Increases 100%

e) To find out, you need to know how many products are in the box