Answer:
Increased amount is $0.115 and new price is $1.265.
Step-by-step explanation:
It is given that Sparkle King increased the price of a $1.15 cola by 10%.
Increased amount is 10% of $1.15.
Increased amount [tex]=\$1.15\times \dfrac{10}{100}=\$0.115[/tex]
So, increased amount is $0.115.
Now, new price is the sum of original price and increased amount.
New price [tex]=\$1.15+\$0.115[/tex]
[tex]=\$1.265[/tex]
Therefore, the new price is $1.265.