If Adam's income increases 40% from $1400 and then falls by 50%, what is his latest income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$1400 |
Change 1 |
+ 40% |
|
|
After 1 |
140% |
100 u |
$1960 |
Change 2 |
|
- 50 u |
|
After 2 |
|
50 u |
$980 |
100% of Adam's original income = $1400
1% of Adam's original income
= 1400 ÷ 100
= $14
100% + 40% = 140%
140% of Adam's original income
= 140 x 14
= $1960
140% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = 1960
1 u of Adam's new income
= 1960 ÷ 100
= $19.60
100 u - 50 u = 50 u
50 u of Adam's new income
= 50 x 19.60
= $980
Adam's latest income = $980
Answer(s): $980