This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.
ScanSolve AI Answer
Step 1: Calculate the amount of the price increase. The price increases by 10\%. Increase amount = 10\% of m120 Increase amount = (10)/(100) × 120 Increase amount = 0.10 × 120 Increase amount = m12 Step 2: Calculate the new price. The new price is the original price plus the increase amount. New price = Original price + Increase amount New price = m120 + m12 New price = m132 The new price is m132.