What is the result of a 20% increase on a $50 item?

Prepare for the TEAS Nursing Entrance Exam with comprehensive flashcards and multiple-choice questions. Each question is accompanied by hints and explanations to ensure you ace your test and start your nursing career.

To determine the result of a 20% increase on a $50 item, you first need to calculate what 20% of $50 is.

To calculate 20% of a value, you convert the percentage to a decimal by dividing by 100. So, 20% as a decimal is 0.20. Next, multiply this decimal by the original amount:

0.20 × $50 = $10.

This amount, $10, represents the increase due to the 20%. To find the final price after the increase, you add this increase to the original price:

$50 (original price) + $10 (increase) = $60.

Thus, the result of a 20% increase on a $50 item is $60. This calculation clearly shows that when you assess a percentage increase, you must first determine the amount of the increase and then add it to the original price to get the final result.

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