Question

Over time, the value of the property at 397 West Lake Street increased by 275%. If the initial value of the property was P, which expression represents the property’s current value?

Answer 1

Answer choices (please post this next time)

375P
275P
3.75P
2.75P

Answer 2

The property *increased* by 275%. To convert 275% to a decimal we divide by 100 to get 275/100 or 2.75. Therefore, the property increased by 2.75P. Finally, to get the final amount, add this to the original value P.