Question
Cost of wine is $1243. If cost of wine increase by 2% what does that equal to
Answers
GPT-4o mini
To calculate a 2% increase on the cost of wine, you can follow these steps:
1. Calculate 2% of the original cost:
\[
2\% \text{ of } 1243 = 0.02 \times 1243 = 24.86
\]
2. Add the 2% increase to the original cost:
\[
1243 + 24.86 = 1267.86
\]
Therefore, if the cost of wine increases by 2%, the new cost would be **$1267.86**.
1. Calculate 2% of the original cost:
\[
2\% \text{ of } 1243 = 0.02 \times 1243 = 24.86
\]
2. Add the 2% increase to the original cost:
\[
1243 + 24.86 = 1267.86
\]
Therefore, if the cost of wine increases by 2%, the new cost would be **$1267.86**.