Amount of new monthly rent of Chloe after increased by \(8\) percent is equals to \(\$1015.2\) .
What is percentage ?
" Percentage is defined as the hundredth part of a given number."
According to the question,
Given,
Amount of Chloe Denley's monthly rent \(= \$940\)
Percentage by which monthly rent increased \(= 8\%\)
Increased in amount of monthly rent \(= 8\%\) of \(940\)
\(= \frac{8}{100} \times 940\)
\(= \$ 75.2\)
New monthly rent after increased by \(8\) percentage \(= \$(940 + 75.2)\)
\(= \$1015.2\)
Hence, amount of new monthly rent of Chloe after increased by \(8\) percent is equals to \(\$1015.2\) .
Learn more about percentage here
https://brainly.com/question/24159063
#SPJ2
