Criteria Cognitive Aptitude (CCAT) Practice Test

Question: 1 / 400

After its price increased by 20% and then by another $24, what was the final price of the Bluetooth speaker?

$144

$160

$168

To determine the final price of the Bluetooth speaker after the price increases, it's essential to break down the process step by step.

First, let's denote the original price of the Bluetooth speaker as "x". After the price increases by 20%, the new price becomes x + 0.20x, which can be simplified to 1.20x.

Next, an additional $24 is added to this new price. Therefore, the final price becomes 1.20x + 24.

To find the specific value of x that leads us to the answer of $168, we can set up the equation based on the available choices. We know that the final price should equal $168, so:

1.20x + 24 = 168.

Now, we'll isolate x:

1.20x = 168 - 24,

1.20x = 144,

x = 144 / 1.20,

x = 120.

Starting with an original price of $120, applying a 20% increase results in:

1.20 * 120 = 144.

Adding the additional $24 results in:

144 + 24 = 168.

Thus, the final price of the Bluetooth speaker, after both increases,

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$180

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