If Adam's income increases 50% from $4500 and then falls by 30%, what is his latest income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$4500 |
Change 1 |
+ 50% |
|
|
After 1 |
150% |
100 u |
$6750 |
Change 2 |
|
- 30 u |
|
After 2 |
|
70 u |
$4725 |
100% of Adam's original income = $4500
1% of Adam's original income
= 4500 ÷ 100
= $45
100% + 50% = 150%
150% of Adam's original income
= 150 x 45
= $6750
150% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = 6750
1 u of Adam's new income
= 6750 ÷ 100
= $67.50
100 u - 30 u = 70 u
70 u of Adam's new income
= 70 x 67.50
= $4725
Adam's latest income = $4725
Answer(s): $4725