If there is 52% increase on a $22 item, then how much is the new cost for next year? Round to the nearest penny.   Round your answer to 2 decimal places.

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 40A: A manufacturing company receives $122,000 upon the completion of a job. Total expenses for the job...
Question

If there is 52% increase on a $22 item, then how much is the new cost for next year? Round to the nearest penny.

 
Round your answer to 2 decimal places.
 
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