1) we have to calculate the increase of the cost of the jacket.
Increase of the cost of the jacket=new price - previous price
increase of the cost of the jacket=$87.75 - $75.00=$12.75
2)Now, we calculate the percentaje incresae of the costo of the jacket by the rule of three.
$75=100%
$75------------------100%
$12.75------------- x
x=($12.75 * 100%) / $75=17%
Answer: the percentage increase of the cost of the jacket is 17%
