26. lora bought a house for a price of p dollars. after 1 year the value of the house increased by 50%…

26. lora bought a house for a price of p dollars. after 1 year the value of the house increased by 50%. which expression best represents the new value of the house?\na. 0.5p\nb. 1.05p\nc. 1.5p\nd. 2p

26. lora bought a house for a price of p dollars. after 1 year the value of the house increased by 50%. which expression best represents the new value of the house?\na. 0.5p\nb. 1.05p\nc. 1.5p\nd. 2p

Answer

Explanation:

Step1: Convert percentage to decimal

50% is equal to 0.5 in decimal form.

Step2: Calculate new - value

The original value of the house is $p$ dollars. An increase of 50% means we add 50% of $p$ to $p$. The new value $V=p + 0.5p=(1 + 0.5)p=1.5p$.

Answer:

C. 1.5p