Original Car price = $20,000
Price increase after 5 years = 25%
To calculate the price after 5 years, first multiply the original price (20,000) by the percentage increase in decimal form ( divided by 100) to obtain the increase amount:
20,000 x (25/100) = 20,000 x 0.25 = $5000
Finally, add the increase amount to the original price:
20,000+5,000 = $25,000
