Answer: $5.16
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Work Shown:
72% = 72/100 = 0.72
72% of $3.00 = 0.72*3.00 = 2.16
The price increases by $2.16 to get the final answer of 3.00+2.16 = 5.16 dollars
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We can find this answer through this alternative route:
1.72*3 = 5.16
The multiplier 1.72 represents an increase of 72% since 1.72 = 1 + 0.72 = 100% + 72% = 172%
